Zip Co has partnered with Primer to expand and optimize its payments stack. The partnership is active as Zip plans to accelerate its growth opportunity in the US market.
The announcement was made by looking at Zip’s recent year-end results, which recorded transaction volumes (TTV) of $8.9b (up 7.0% YoY) and record group revenue of $693.2m (up 16.1% YoY).
Primer will collaborate on this to unify payment and commerce services while delivering a practical set of payment recovery to provide businesses with flexibility and visibility across their payment cycle. The initiative will support Zip to access and connect new card acquirers and processors fraud and communication tools to use features such as fallbacks to reduce operational costs.
Read More: Zip builds out payment stack with Primer