Form3 and BPC announce partnership to combine expertise in cloud-based payments processing solution

BPC, a leading payments provider to financial services companies and Form3, a cloud-native payments provider, have announced a partnership to deliver a complete cloud-based payments solution. The solution will cover origination, processing, clearing and settlement.

The partnership has already successfully delivered UK Faster Payments, CHAPS, BACs and SEPA services to a well-known payments provider. The partnership fits within BPC’s CloudIT strategy, which is BPC’s Payments as a Service offering. It enables customers who do not want to invest in infrastructure and other resources to deploy their required market solutions, turning their payments vision into reality quickly, cost-effectively and virtually risk-free.

Adam Moulson, Chief Customer Officer at Form3 said, “BPC’s expertise and portfolio of systems and clients complements the Form3 platform perfectly in meeting demand for instant payments through a single API. Customers wanting a fully managed end-to-end payments solution can now benefit from our partnership with BPC, linking both services in one market offering, removing the need to ‘go out to market’ to find a provider.”

Peter Theunis, BPC’s Managing Director Europe, commented: “BPC is delighted to be working with Form3. In the field of cloud payments the company combines an impressive track record with a fresh approach and exceptionally fast implementation. Their payment services are part of our wider CloudIT strategy for SaaS and payments processing for our clients.”