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Trust Payments Accelerates Past £1bn+ Milestone in Monthly Processing Volumes Thanks to Diversified Portfolio
Trust Payments, a global leader in customer commerce solutions, has surpassed the £1bn+ milestone in monthly processing volumes for the first time in its five-year history.
The company reached over £1bn+ volume in July 2024 driven by the company’s diversified technology portfolio spanning payments, commerce and data.
Daniel Holden, CEO Of Trust Payments, said: “Accelerating past the £1bn+ milestone is a huge testament to our compelling proposition in the market, driven by a hyper focus on customer support and quality. We help merchants grow sustainably, offering value alongside innovative products and solutions, well beyond pure-play payments. By offering a full suite of Converged Commerce® products and services that challenge the traditional payments model, we help businesses to achieve more digitally and give them more time to spend on customers as a result.”
Trust Payments has pioneered a strategy of Converged Commerce® which offers a suite of omnichannel solutions facilitating seamless payments across online, mobile and in-store environments, now integrated to proprietary business critical solutions such as ePOS, inventory management, data analytics and loyalty. Leading retailers including Waitrose and a regional Co-operative have selected us for inventory management technology outside of our traditional payments business.
Focused on key areas in retail, travel, hospitality, financial services and emerging verticals, the business now processes transactions in double-digit billions annually and is growing at market-leading rates supporting over 20,000 merchants globally.
Founded in 2019, Trust Payments has grown from an ecommerce-only merchant services acquirer into a full suite omnichannel payments and SaaS Solutions group that is fully regulated in the UK and EU. In its first five years, the business has grown exponentially reporting over £100m+ in Net Revenue and now employs c.500 members of staff across 10 worldwide offices.
The business is committed to enhancing its omnichannel offerings to help merchants unite digital and physical payments across their customer touchpoints through Trust Retail – its retail operations technology division.
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