hibu plc (“hibu”), a leading provider of digital services connecting local consumers and merchants, and Global Payments, a leading provider of electronic transaction processing services, today announce a strategic partnership. Through its partnership with Global Payments, hibu will provide local businesses in the UK with the ability to accept card payments from consumers for their goods and services.
At a time of great change and opportunity in the payments market, this is a significant further step for hibu as it implements its strategy to deliver exciting new digital services to small and medium-sized enterprises (“SMEs”).
hibu’s experienced sales team will be one of the largest to offer payments services in the UK, initially to its existing customer base of more than 300,000 SMEs. [Global Payments] has a market leading card processing capability and together the partnership will offer high quality payment services for SMEs that are differentiated by:
- Access to the latest innovative technology including mobile devices
- Transparent, simple and cost-effective pricing
- The opportunity to access a growing range of digital services from one provider, hibu
Chris Davies, Managing Director of Global Payments, said: “We are excited about our partnership with hibu and are delighted to be working with them. We continue to be impressed by their professionalism and commitment and are looking forward to working together to provide SMEs with access to new payment opportunities.”
Tony Bates, Chief Financial Officer at hibu, said: “The payments market is changing rapidly. With this new initiative we will help SMEs across the UK to take advantage of the new technologies and services that are emerging. We will also help them to obtain a high quality, cost effective service from a provider that they know and trust. We look forward to working with Global Payments to provide this new opportunity.”