Spreedly Partners Stripe on payment methods

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Payment orchestration platform Quickly expanded its partnership with Bandaged offer more local payment methods.

“An effective payment strategy is all about working with the right payment partners — and offering the right payment methods,” the North Carolina-based company said in a statement. Press release Thursday (February 10).

“For many merchants and merchant aggregators, this includes offering customers a number of local payment methods to help reach more customers, reduce transaction costs and improve conversion rates. Payments Orchestration provides the flexibility transact with any number of preferred payment gateways and services and allows organizations to easily add, remove or test new options over time,” Spreedly added.

The partnership will see Spreedly offer additional access to Stripe’s alternative payment methods (APM) and Radar, an anti-fraud tool available to all Stripe customers, as part of a partnership announced last year, said Andy Mc HaleSenior Product Manager at Spreedly.

“This latest integration enables joint customers of Stripe and Spreedly to offer their customers a variety of payment methods and provides access to Radar, helping to manage fraud risks associated with accepting online payments,” said McHale.

In November 2021, Spreedly announced that it was working with Stripe to combat fraud through Radar. The system works to detect and block fraud using machine learning that comes from data from millions of businesses around the world. This global network processes billions of payments each year, allowing Radar to assign each payment a risk score and intuitively stop many risky payments.

Read more: Spreedly teams up with Stripe Radar to fight fraud

Through this expanded partnership, joint Spreedly and Stripe customers can choose from a variety of payment methods popular with customers around the world, including IDEAL, Bancontact, Giropay, EPS, Alipay, Afterpay/Clearpay, Sofort, Przelewy24, Apple Pay and Google Pay.

Founded in 2007 and based in Durham, NC, Spreedly provides a payment services marketplace that optimizes digital transactions and helps businesses and hyper-growth companies scale their digital businesses faster.

Launched in 2011, Stripe is headquartered in San Francisco and Dublin, with offices in cities including London, Paris, Singapore, and Tokyo. Stripe’s technology creates an economic infrastructure for the Internet, with businesses using their software to accept payments and manage their online business.

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