As Demand for Digital Platforms Grows, Demand for Adaptable Payments Infrastructure Accelerates

DURHAM, NC — November 17, 2020 — Spreedly, the software company that accelerates global commerce by offering a secure and flexible platform that welcomes all payments participants, today announced increased adoption of its Payments Orchestration solution amongst the world’s fastest growing digital business platform companies.

Serving as a “payments platform for platforms”, Spreedly’s Payments Orchestration solution provides strong competitive advantages for platforms and the merchant customers they serve. Through a single API, platforms can quickly and painlessly accommodate the many unique gateway and other payment service provider integrations their merchant customers require. Additionally, Spreedly’s secure vault significantly reduces PCI scope and helps platforms optimize the ROI of each transaction for their merchants.

"It was essential to get the payments right for our order ahead apps. We had to make sure payment orchestration is done correctly for orders that were placed for delivery, pickup or curbside pickup. Using Spreedly, we could achieve that and streamline the payment integration process." said Amin Yazdani, CEO of Craver Solutions, a branded app solution for restaurants. "Every one of our customers has a unique set of gateways, payment service providers and other necessary integrations. As a result, we found our teams were pulled into too many directions attempting to develop and maintain these integrations. Payments Orchestration gives us an edge with a build-it-once approach that dramatically shortens the onboarding process for our merchants. Faster integrations mean our restaurant partners can deliver for their customers immediately. It’s a true win-win.”

Adoption of Payments Orchestration enables Spreedly’s hundreds of platform customers to provide great customer experience to the tens of thousands of merchants who rely on them, as well as to their end consumers. Platforms are able to onboard merchants fast and offer a range of advanced payments services to help them maximize revenue. This also means that Spreedly’s platform customers can offer their solutions in new markets and easily support the many, diverse payment services their merchant customers need.

“Platforms offering a shortened runway to onboarding their customers and easier access to specific goods and services have rapidly expanded across industry verticals. Many of these platforms have avoided growth constraints due to inflexible, payment stacks by leveraging our open, independent platform,” explained Randy Guard, chief marketing officer at Spreedly. “We are now seeing this new generation of innovative platforms turning to Payments Orchestration to enable rapid expansion, quick accommodation of new merchant customer demands, and streamlined integration across any number of payment services. This in turn allows platform organizations to evolve faster and frees up resources to focus on their customers’ unique needs.”

Spreedly supports a wide range of digital business platforms including delivery and order ahead services, ticketing, giving and charity, entertainment, and industry-specific business management solutions. A list of our platform customers is available at www.spreedly.com/customers.

About Spreedly

We orchestrate payments for the world’s most innovative businesses. Global enterprises and hyper-growth companies grow their digital business faster by relying on our payments platform. Hundreds of customers worldwide secure card data in our PCI-compliant vault and use tokenized card data to enable and optimize nearly $14 billion of annual transaction volumes with any payment service. Spreedly is headquartered in downtown Durham, NC.