HEREFORD, UNITED KINGDOM, JUNE 2024 - allpay Limited, the UK’s leading payments solutions provider, is excited to announce a new partnership with issuer processing powerhouse Enfuce. This collaboration aims to integrate cutting-edge, secure cloud-based card payment solutions into the heart of public sector services, including local UK councils, significantly impacting communities across the UK.
As a market leader for payment services within the public and social housing sector, allpay offers cost-effective payment solutions such as direct debit, internet, credit, debit, cash, and prepaid cards. By incorporating Enfuce's innovative cloud-based technology, allpay is transforming its prepaid solution to deliver more secure and reliable fund disbursement with industry-leading uptimes for UK public services, thereby enhancing the overall experience for customers.
This partnership is timely, with the public sector currently losing approximately £33.2 billion to fraud and error annually, underscoring the urgent need for enhanced secure solutions.
Through this partnership, allpay will gain access to Enfuce’s fraud and dispute management expertise, enabling comprehensive prevention measures to minimise fraud and compliance risks. Enfuce’s 24/7 fraud prevention system includes continuous monitoring, portfolio analysis, thorough fraud reporting, and proficient second-line support. The PCI-DSS-certified platform guarantees 99.999% uptime, providing a reliable and secure environment essential for the public sector, particularly when dealing with sensitive cases.
Together, this partnership will aim to enhance the already award-winning prepaid service offered allpay by utilising the strengths of both companies to revolutionise the future of disbursements with security, reliability, and efficiency providing peace of mind to consumers.
Michelle Pacey, Managing Director of allpay, comments: “Working with Enfuce allows us to leverage technology and expertise built with the future in mind. It provides us with the perfect platform to enhance our disbursement solutions and a partnership that allows growth as we continue to build a reputation as a leader within the UK prepaid market. This collaboration is a significant step in our commitment to providing secure, efficient, and reliable disbursement services to the UK public sector, ultimately benefiting the communities we serve.”
Monika Liikamaa, Co-founder & Co-CEO of Enfuce, says: “Our unique partnership with allpay is set to drive real impact for communities up and down the country by delivering cutting-edge payment solutions to local authorities. With our state-of-the-art, fully compliant and modular tech stack, we can accelerate allpay’s mission of transforming payments in the public sector. Our comprehensive suite includes seamlessly integrated APIs, robust dispute and fraud management, and value-added services, ensuring a secure and sophisticated payment solution specifically designed for governmental services in the UK.”
Denise Johansson, Co-Founder & Co-CEO of Enfuce, adds: “We are proud to partner with allpay, a leading player in the UK, to help them provide cost-effective, secure, and convenient payment solutions across local authorities in the country, making a positive contribution to the community. This strategic partnership proves the tangible impact of innovative fintech. It represents a significant milestone in Enfuce’s growth journey and serves as a foundation to drive our expansion across the UK, Europe, and beyond.”
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About allpay
As a business, we pride ourselves on making payments easy. We stand as a leading payments specialist in the UK, facilitating the seamless collection and distribution of funds between organisations and their customers.
Established in 1994, allpay has consistently been at the forefront of payment aggregation, processing over £8.8 billion annually for over 900 public and private sector entities. With over three decades of experience, we now process in excess of 90 million transactions annually, offering a comprehensive bill payment solution that encompasses all major payment methods.
Our commitment to innovation has led us to pioneer the introduction of Prepaid Cards within the Public Sector. From card design to printing and fulfilment, all aspects are handled by our dedicated team. We are also proud to serve over 500 Housing Associations (HAs) and ALMOs, with 90% of the top 250 HAs in England and nearly 60% of all UK Local Authorities (LAs) choosing allpay for their bill payment services.
What sets us apart is our unwavering commitment to security and compliance. We adhere to the highest standards of PCI DSS compliance, hold various ISO certifications, maintain Bacs-approved Bureau status, and boast accreditations from Mastercard and Visa. In essence, allpay is the preferred payment supplier for the public sector, offering reliability, security, and efficiency in every transaction.
For more detailed information, please visit www.allpay.net.
About Enfuce
Founded in 2016, Enfuce is a female-founded and led company with a unique vision: to bring the brightest minds and the best technology together to break down the barriers to prosperity. As a leading global card issuer and payment processor that merges innovation, security, and expertise to create modular, cloud-based payment processing capabilities, Enfuce is one of Finland’s most valuable scaleups and is the first financial service provider in the world to be PCI-DSS certified while running its service in the public cloud. By focusing on collaboration, Enfuce efficiently provides customers with cutting-edge features - offering in-house experts and white-labelled technology to help companies create scalable payment solutions with ease. Supporting debit, credit, prepaid, gift, fleet, and fuel card programmes in any form - for consumer, commercial, and B2B applications - Enfuce’s no-nonsense approach helps customers create bespoke payment solutions that are flexible, scalable, and secure.
Holding an Electronic Money Institution (EMI) licence from the Finnish FSA and from the UK’s Financial Conduct Authority (FCA), enabling operations across Europe and the UK, Enfuce's PCI-DSS certified platform guarantees 99.999% uptime, global scalability, and card scheme connectivity, supporting various card programs and integration with digital wallets. Enfuce has raised €68.5 million in funding rounds, showcasing its industry leadership with recognitions like Visa Fintech Fast Track and Mastercard Lighthouse Development Program participation, as well as winning prestigious awards, such as the 2019 PayTech Award for Best Payments Solution, 2022 FF Award for Mobile Payments, and the 2023 FF Award for Authentic ESG. Propelled by the forward-looking vision of its Co-CEOs and Nordic ingenuity, Enfuce is set to expand globally, shaping the future of payment solutions.
