Woolworths Group Partners with Gr4vy to Accelerate Payments Innovation within Its Wpay Payment Platform

Gr4vy’s fee orchestration platform know-how to energy Wpay’s funds platform 

SAN MATEO, Calif., Oct. 24, 2022 /PRNewswire/ — Gr4vy, the main cloud-native funds infrastructure firm, right now introduced a multi-year partnership with Woolworths Group, Australia & New Zealand’s largest retailer. Gr4vy’s fee orchestration platform (POP) know-how will energy Woolworths Group’s Wpay fee platform to speed up the corporate’s product improvement and innovation agenda. This partnership will make it straightforward for Wpay to deploy and handle fee complexities and supply superior fee optionality to Woolworths manufacturers and different Wpay retailers in Australia.

Woolworths Group represents one of many largest processors of card funds in Australia, settling an annual worth of greater than $60 billion in funds throughout greater than 1.1 billion transactions in 2022 alone. Wpay, a brand new standalone fee business launched by Woolworths Group in June 2022, extends the advantages of the investments they’ve made of their funds platform to different retailers who could not have the dimensions to construct it themselves. 

“Merchants need payment platforms that deliver customers’ preferred payment methods at checkout while still retaining the ability to streamline, deploy and orchestrate all the back-office payment complexities that come with the retail checkout experience,” stated John Lunn, Founder and CEO of Gr4vy. “We’re honored that Gr4vy’s no-code orchestration platform’s technology has been selected to power Wpay’s payments platform to accelerate their growth as an end-to-end payments solution provider to merchants in Australia and New Zealand. We look forward to our continued strong working relationship and future, ongoing collaborations with Wpay and Woolworths Group.” 

Gr4vy’s crew collaborated with Wpay to rigorously establish and ship particular Gr4vy product and fee orchestration infrastructure capabilities to implement and improve the already complete fee platform and product choices. As a end result, retailers onboarded by way of the Wpay platform can now supply much more distinctive fee optionality, streamline and handle transactions each on the back and front finish of the checkout expertise and successfully drive higher buyer fee experiences.

“Wpay is committed to investing in leading-edge payment capabilities and technologies to help service our retail businesses and provide the best possible customer experience as part of our Wpay payments platform,” stated Paul Monnington, Managing Director of Wpay. “I’m excited about this partnership, what it will bring to our merchants’ customer payments experiences and look forward to collaborating in the future.”

Gr4vy’s no-code fee orchestration layer seamlessly permits retailers to deploy, handle, customise and optimize the fitting fee technique for the precise consumer. The firm affords retailers devoted cases of Gr4vy within the Cloud, stopping shared infrastructure or server hundreds. Merchants can get a number of devoted cases of Gr4vy to cut back factors of failure. Gr4vy additionally contains every little thing retailers want for fee infrastructure, together with connectors to main fee service suppliers, entrance and backend fee orchestration, no-code admin instruments, and a dashboard to management and handle every little thing within their funds stack. Gr4vy can spin up these individualized cloud Instances from the simplest to essentially the most complicated necessities. Merchants can deploy throughout the globe and even on the Edge to guarantee their clients all the time have the fee options and choices they want worldwide.

For extra data, please go to www.gr4vy.com/wpay.

Gr4vy is a cloud-native funds firm that takes the complexity out of retailers operating funds infrastructure, liberating them to give attention to what issues most. We redefine funds by offering an intuitive, cutting-edge fee orchestration platform (POP) that leverages the facility of the Cloud to modernize funds infrastructure. Our orchestration layer upgrades retailers’ funds stack to make them extra nimble. Our no-code dashboard centralizes the combination and administration of a product owner’s fee strategies, suppliers, circumstances and transactions and empowers them to do extra in much less time. We allow retailers to streamline and handle fee strategies, providers and transactions multi functional place. At Gr4vy, we’re obsessed with funds, effectivity and extraordinary buyer expertise.

Wpay is a confirmed retail funds platform, designed for retailers. Originally developed for the Woolworths Group, Wpay is now accessible for retailers throughout Australia. Our understanding in how clients join by way of fee experiences at scale and our give attention to growing constructive fee experiences assist retailers to develop their business and transfer past funds. Wpay is a complete service provider platform that may be tailor-made and can regularly evolve to meet purchasers’ altering wants, serving to ship highly effective buyer experiences. A platform that mixes your experience and ours, with among the most progressive considering available in the market.

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