UK-based mobile payment service provider Judopay recently announced that it has partnered with fintech service provider Tide to improve its payment experience. The payment service provider also revealed in its statement that its clients can now avail benefit in form of free money transfers for a year as part of this partnership when they sign up to a Tide business account via their Judopay account.
The payment service provider aims to boost its sales and increase repeat purchase for its clients by creating seamless payment experience which removes friction and reduces shopping cart abandonment. Judopay hopes it can achieve its aim now that it has added access to Tide business accounts for all its clients via its repertoire.
Tide’s quick and easy set-up provides businesses with a means to create a current account in minutes. The fintech firm offers a range of business banking services including invoicing, expense management and access to business loans in addition to business current accounts. This partnership can also be viewed as a sign of strong commitment and continued efforts from both firms to provide great payment experience as the norm for every business.
Commenting on this deal, Jeremy Nicholds – Chief Executive Officer of Judopay said, “We’re delighted that we can now give our clients’ access to Tide’s excellent banking services. It’s important for us to partner with like-minded companies and Tide is a great example of one that shares our same values. Like Judopay, they care about supporting their clients’ growth and simply providing a better service. We hope this exciting partnership will support our clients to grow even further as we head into 2020”.
Speaking on the same note, Millie Hunter – Partnerships Lead at Tide said, “We know how time-consuming running a business can be, so we aim to save our members as much time and money as possible, so they can get back to doing what they love. It’s great to work with Judopay, knowing that they too are focused on SME growth. We cannot wait to help their clients even further through the partnership”.
The payment service provider was in news earlier this year over its partnership with TAB a software firm known for providing business organizations with access to the technological ecosystem as a means to accelerate industry change and achieve their goals. The partnership with TAB is aimed at improving the mobile payment process by observing customer behavior during the checkout process to simplify mobile-based safety ensured fund transactions.