Barclays and Transfirst team up to offer international payment processing
9th June 2006
Barclays Bank and Dallas-based Transfirst, a provider of credit card processing services and payment enabling technologies, have formed a strategic partnership to provide US merchants with processing solutions for worldwide payment transactions.
This alliance means that Transfirst has become a registered international service organization member service provider of Barclays which gives it access to Barclays' international acquiring services. These services will allow US merchants to accept payment in Europe, in their international customers' currency of choice while receiving US dollars for payment.
"Our goal is to continue to deliver customized and innovative payment processing solutions to the marketplace that help our customers grow their businesses domestically and now internationally," said Thomas Rouse, chairman and chief executive officer of Transfirst.
"This relationship with Barclays helps Transfirst establish a global presence, furthers our international processing capabilities and provides a solid foundation for our customers who want to compete globally."