From today, any business signed up to the SAP Commerce Cloud will be able to access Smartpay and take advantage of benefits including frictionless customer experience, bolstered fraud defences and a consistent payments offering across online and offline channels.
One of Smartpay’s chief benefits is its ability to power fast, smooth, flexible payments. The platform supports one-click purchases and allows buyers to use a variety of different cards, currencies and payment methods.
In addition, Smartpay uses the latest anti-fraud approaches – such as machine learning – to detect fraudulent transactions in real-time and reduce false positives. This approach protects the business’ finances and minimises negative customer experiences such as payment declines.
For companies who rely on the SAP Commerce Cloud to do business, implementation of Smartpay is swift and easy, and it removes the need to have multiple integrations with different payment providers. In turn, this means that organisations can offer the same payment experience to their customers across all physical, digital and mobile channels.
The provision of Barclaycard’s Smartpay gateway to SAP’s European customers is the latest development in the partnership between the two industry leaders. In February last year, a collaboration was unveiled which saw Barclaycard’s business-to-business payment solution, Precisionpay, incorporated into the SAP Ariba Network.
Marc Pettican, President, Barclaycard Payments, said: “This expansion of our partnership with SAP opens up big opportunities not only for us, but also for the many businesses that use the SAP Commerce Cloud across Europe. They will gain access to a leading payment gateway and will be able to offer customers a smooth, safe and seamless checkout experience.”
Charlie Platt, VP and Head of Strategic Customers, SAP UK, said: “This innovative agreement demonstrates the power of our partnership with Barclaycard and our continued alignment to its long-term strategy. SAP Commerce Cloud customers can now deploy a trusted and market-leading payment gateway solution that can help to grow their businesses.”