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Sunday, 13 September 2015

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Interblocks and West International in strategic partnership

Interblocks Ltd., a provider and innovator of integrated, electronic payment processing solutions and West International, one of Sweden’s largest suppliers of transaction and payment solutions, launched a strategic partnership recently in Colombo.

Individually both companies have a strong position in the payment solutions landscape, West with their robust range of card and terminal payment solutions, and Interblocks with their modular all encompassing suite of payment software.

“This is a new chapter in the evolution of West International. I am proud to initiate this strategic partnership with one of the leading payment processors in Asia and the Middle East. I have great expectations about how Interblocks and West together will innovate the payment market in the region and make electronic payments available to everyone,” said CEO, West International, Sten Karlsson.

In addition to strengthening their product offering, the partnership will also open up new markets to both companies, with Interblocks bringing in strong links within the Asian and Middle Eastern Markets and West bringing in their strong network in the European, Pacific and African markets.

“The synergies between Interblocks and West go beyond the complementary nature of our products. There is a strong synergy between the two companies in terms of our commitment to building long term partnerships with our customers, and focus on creating future proof solutions, both companies are large enough to be at the cutting edge of technology and small enough to retain our customer oriented approach.

I believe this similarity in values will really set us apart in the market and is a strong foundation for a successful partnership,” said CEO, Interblocks Ltd, Dinesh Rodrigo.

This partnership will facilitate moving towards contactless payment with speed and agility.

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