Independent payment provider Yorkshire Payments has announced a three-year partnership deal with one of the largest worldwide firms in the sector.
The Brighouse-based firm, which provides a wide range of merchant services to businesses in Yorkshire and beyond, secured the prestigious contract with Global Payments Inc following a rigorous tender process,which took almost three years to complete.
Partnering with Global Payments will allow Yorkshire Payments to provide its customers with another world class acquiring banking platform, offering rates that are up to 40 per cent cheaper than its competitors with the usual local Yorkshire Payments back office service and support.
Yorkshire Payments, founded by 29-year old entrepreneur James Howard in 2011, provides credit and debit card processing facilities as an independent service organisation, officially licensed by MasterCard and Visa, to SMEs across Yorkshire.
It is one of only three businesses in northern England to have gained independent status from Visa and was one of the last businesses to be granted an independent licence.
James said: “We are immensely proud about securing this contract with Global Payments. They are a great brand and one of the leading providers of merchant services not only in the UK but worldwide.
“Our aim is to provide businesses across the Yorkshire region with a local, customer focused service that is supported by some of the most innovative and advanced technology.
“Our partnership with Global Payments will help us to achieve this.”
Andy Ward, Strategic Partnership Manager of Global Payments, said: “We are delighted to enter into this partnership with Yorkshire Payments.
“This joint venture highlights our strategy to support independent merchant solutions providers and support Yorkshire businesses.
“The Yorkshire Payments team has done a great job of putting together a successful application to become one of our preferred suppliers, and we look forward to working with them over the next few years.”
To support the business’ continued success, the 12-strong Yorkshire Payments team recently moved to larger, purpose-built offices in the new Thornhill Brigg Mills development in Brighouse, on Thornhill Beck Lane.
Having outgrown offices first in the Elsie Whiteley Centre, Halifax, and then The Boathouse, Brighouse, the new location will support Yorkshire Payment’s expansion plans, which include the appointment of further team members.
For more information, visit www.yorkshirepayments.com.