Surfboard Payments Announces Partnership with Cardstream Group to Deliver Innovative Payment Solutions

July 30, 2024

Surfboard Payments Announces Partnership with Cardstream Group to Deliver Innovative Payment Solutions

London, United Kingdom and Stockholm, Sweden – July 30, 2024 – Surfboard Payments is pleased to announce a dynamic partnership with Cardstream Group, the UK’s largest independent provider of white-label payment Fintech. This collaboration aims to bring an unprecedented embedded payment solution to the UK and other markets, offering a white-label multi-channel platform for ISVs, ISOs, PayFacs and their merchants to make in-person and remote transactions.

The partnership will leverage Surfboard Payments’ card-present payment technologies with Cardstream’s advanced PayFac-as-a-Service and extensive UK network. Together, the two companies will provide merchants with a comprehensive suite of payment solutions both online and in-store, designed to enhance merchant value, efficiency, and customer experience.

Key Highlights of the Partnership:

  • Innovative Payment Solutions: The collaboration will introduce a seamless payment experience, combining Surfboard’s cutting-edge payment terminals and SoftPOS solutions with Cardstream’s robust online payment processing infrastructure and industry-leading PayFac-as-a-Service platform.
  • Comprehensive Coverage: Merchants will benefit from a unified platform supporting a wide range of payment methods, including chip and contactless card payments, as well as mobile and online transactions.
  • Enhanced Merchant Services: The partnership will enable merchants to offer loyalty programs, run AI-based campaigns, and utilize tokenized card systems for improved customer engagement and retention.
  • Streamlined Integration: Surfboard’s API-centric platform will allow for easy integration with existing merchant systems, ensuring a smooth transition and minimal disruption to business operations.

Christopher Lindfeldt, Surfboard Payments’ CEO, enthused: “We are excited to join forces with Cardstream to bring our innovative Payment solutions to the UK market. This collaboration represents a significant step in our mission to provide merchants with combined state-of-the-art payment technologies to the European market.”

Cardstream’s CEO, Adam Sharpe, added: “Embedded payments’ popularity is accelerating rapidly. Merchants want their payment provider right inside their business-critical software. Our partnership with Surfboard adds card-present services to our existing e-commerce technology. Now, software providers and PayFacs can onboard merchants rapidly with a seamless full stack path to revenue”.

The partnership between Surfboard and Cardstream is set to redefine the payment landscape in the UK, offering PayFacs, ISVs, ISOs and PSPs a powerful, flexible, and white-label solution to meet their merchants’ payment processing needs. This collaboration underscores both companies’ commitment to innovation and excellence in the payment industry.

About Surfboard Payments:

Surfboard Payments is a pioneering paytech company headquartered in Stockholm, Sweden. Operating under the supervision of the Swedish Financial Supervisory Authority, the company offers a comprehensive payment platform for both card-present and online payments. Surfboard Payments’ solutions, which include SoftPOS and API-based payment terminals, are designed to enhance the payment experience for partners, merchants, consumers, and payment institutions worldwide.

About Cardstream:

Cardstream Group is the UK’s largest independent provider of white-label embedded payment solutions, offering flexible and scalable global platforms for payment acceptance, orchestration, processing and payment facilitation. With a focus on innovation and customer-centric Fintech, Cardstream supports a wide range of payment methods and provides merchants and payment channels with secure, reliable, and efficient payment services through 60+ acquirer brands worldwide.

Contact:

Christopher Lindfeldt
CEO, Surfboard Payments
pr@surfboardpayments.com

Adam Sharpe
CEO, Cardstream
payfac@cardstream.com

For more information, visit Surfboard Payments and Cardstream.