PHILADELPHIA, May 16, 2019 /PRNewswire/ -- Payment innovator, FreedomPay, a leading global consumer centric commerce payments platform, today announces a strategic partnership with the Shiji Group (Shiji) to help drive significant global expansion across Asia, Europe and the Americas.
Shiji, the global provider of world-class technological solutions for the hotel, retail, food service and entertainment industries, has integrated with FreedomPay to support the expansion of its payment solution to tens of thousands of additional hotels, stadiums and restaurants worldwide.
Shiji Group recently completed its EMV certification with FreedomPay which allows both FreedomPay and Shiji to securely process and extend both eCommerce and Card Present transactions internationally - meeting the needs of retail, food and beverage and hotel merchants across the globe.
This certification includes three main features: PCI-Validated P2PE, enabling contactless payments, and a multi-channel solution, including Hosted Payment Page, Payment Information Proxy and Virtual Terminal.
Having an EMV certified and PCI-Validated P2PE solution dramatically reduces the cost of compliance and provides greater business protection in the event of a data breach, in addition to enabling contactless payments allowing for faster transactions, less queuing time and consequently a vastly improved consumer experience.
"This is an exciting announcement for FreedomPay and we look forward to supporting Shiji to serve thousands more merchants across the globe. FreedomPay wants to help merchants become more efficient at the point of sale, grow their bottom line and give them more time to devote to running their businesses in a complex, highly customer centric payments ecosystem," said Tom Durovsik, FreedomPay Founder and CEO.
"By partnering with FreedomPay we can continue to provide secure, easy-to-use and modern connectivity to the hospitality market and beyond. The certification of the Shiji Payment Solution with FreedomPay supports our global strategy to create an open platform that integrates widely for the benefit of our customers around the world, as well as enabling the Global Tokenization Service for the hospitality industry," added Michael Balzer, Vice President – Shiji Global Payment Solutions.
FreedomPay, the industry's first TransAtlantic payments solution platform, is driving the future of commerce and customer interaction. The FreedomPay Commerce Platform is the best way for merchants to simplify complex payment environments. FreedomPay is validated by the PCI Security Standards Council for Point-to-Point Encryption (P2PE), along with EMV, Tokenization, Contactless and DCC capabilities. Global leaders in retail, hospitality, gaming, education, healthcare and financial services trust FreedomPay to deliver unmatched security and advanced value added services. FreedomPay provides broad integration across merchant point-of-sale sites, payment device manufacturers and payment processors, supported by rapid API adoption. For more information, please visit: www.freedompay.com
About Shiji Group
Shiji Group provides software solutions and services for the hospitality, food service, retail and entertainment industries, ranging from hotel management solutions, to food and beverage and retail systems, payment gateways, data management, online distribution and more.
Founded in 1998 as a network solutions provider for hotels, Shiji Group today comprises 4,000 employees in 70+ subsidiaries and brands, serving over 60,000 hotels, 200,000 restaurants and 400,000 retail outlets.
Shiji develops a network of cloud technology platforms that facilitate data exchange by connecting businesses vertically and horizontally across related industries. The importance of cross-industry integration to connect all levels of the supply chain, from guests, to distributors and suppliers of all types is a critical part of our mission. Our goal is to facilitate the transition to fully integrated systems for our clients through a network of platforms that communicate securely and easily so our clients can focus on their core competencies of serving their customers and guests.