Business Fintech Mobile Banking News

Trust Payments Ltd announces acquisition of customer engagement and mobile loyalty platform Mobilize Systems

Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies today announced it has acquired Mobilize Systems, a UK based engagement and mobile loyalty platform serving the retail and hospitality sectors.

Read More: GlobalFintechSeries Interview with Ashish Singhal, CEO and Co-Founder at CRUXPay

Mobilize provides seamless, data-rich services to merchants looking to capture and expand customer engagement and loyalty programmes, primarily in the mobile space. The acquisition will enable Trust Payments to combine behavioral analytics with transactional data to offer enhanced product journeys for customers, improved payment options, and better insight for businesses.

Daniel Holden, Chief Executive Officer of Trust Payments said: “Trust Payments’ vision is to help businesses optimise their sales and customer experience. To do this, merchants need real-time transactional data analysis combined with proper insight and help with understanding how customers engage and pay for products and services. That means a single source of truth, and simplified data visualisation.”

“The acquisition of Mobilize means Trust Payments can gain a 360-degree picture of customer interaction on our platform, leading to much deeper insights for our merchants. The acquisition fast tracks our product strategy and allows us to differentiate our overall product offering by providing the building blocks we’ll need for a unique and competitive product portfolio including options such as an integrated SmartPOS and loyalty solution.”

With a 15-year history, Mobilize supports millions of retail and hospitality cards in the UK and has developed a range of native app solutions.

An app built by Mobilize was recently nominated by Drapers Digital for Best App 2020.

Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as Advisor

Related posts

Majority of Online Retailers Leave +40% of Chargebacks Undisputed, Contributing to Lost Revenue and Eroding Profits

Fintech News Desk

LexisNexis® Risk Solutions Delivers Fraud Detection Capabilities and Insight into Identity Event and Application Activity through New LexisNexis® Fraud Intelligence Product

Fintech News Desk

Cowbell Cyber Reaches 32M Small Businesses with Expansion of Innovative Cyber Insurance Offering into Texas

Fintech News Desk
1