Buckaroo becomes the exclusive strategic partner of ABN AMRO for payment services

Buckaroo, a premier omnichannel Payment Service Provider (“PSP”), entered into a strategic commercial partnership with ABN AMRO, where it will become the exclusive provider of cutting-edge merchant payment services to the bank’s clients. This partnership is supported by Keensight Capital, one of the leading private equity managers dedicated to pan European Growth Buyout investments.

This exclusive partnership between Buckaroo and ABN AMRO marks a significant step in transforming omnichannel payment and merchant services throughout the Netherlands. Buckaroo will become the exclusive provider of online and point-of-sale merchant services for ABN AMRO’s diverse clientele, which includes a spectrum of businesses from SMEs to large-scale enterprises.

In a significant expansion move, Buckaroo will integrate the complete portfolio of debit card acquiring contracts of ABN AMRO, one of the top three Dutch banks. This development not only reaffirms both entities’ dedication to superior payment services but also cements Buckaroo’s status as a leading PSP in the Benelux region.

The partnership offers ABN AMRO’s clients access to Buckaroo’s innovative and complete offering, featuring an extensive suite of payment methods, including iDeal, Mastercard, VISA, AMEX, Bancontact, ApplePay, WeChat, and PayPal. Buckaroo’s advanced offerings encompass recurring payments, “buy now pay later” options, and state-of-the-art point-of-sale solutions including SoftPos (payment acceptance on smartphones).

Paul Scholten, CEO of Buckaroo, said: “This partnership positions Buckaroo as the optimal payment facilitator for ABN AMRO’s clientele. We are dedicated to delivering modern and robust solutions together with premium services that our 30,000+ corporate and SME customers can rely on.”

Stanislas de Tinguy, Partner at Keensight Capital, commented: “We are delighted to support Buckaroo in this transformative partnership and are eager to witness the synergistic growth of both firms as they innovate the payments sector in the Netherlands.”