NewDay taps Checkout.com to streamline debit card payments
UK-based consumer credit provider NewDay has selected Checkout.com as its payments provider for debit card payments.
The partnership, which is already live, gives NewDay access to Checkout.com’s full suite of products as the firm looks to streamline its payment process, operations and reporting.
NewDay is utilising Checkout.com’s Authentication, Fraud Detection Pro and Reconciliation solutions, as well as its card processing services.
Founded in 2001 and based in London, NewDay claims to have over five million customers in the UK, including merchants such as AO.com, Argos and John Lewis. It offers a number of direct to consumer credit products including instalment finance, buy now, pay later (BNPL), 0% finance and carded and digital revolving credit.
“Through our partnership with Checkout.com, we’re modernising our payments infrastructure with granular reporting, offering complete insight into performance in near-real-time,” says Stephen Payne, director of financial control at NewDay.
He adds the move will enable the firm “to deliver new forms of responsible credit to market quicker”.
In November, Checkout.com landed a major paytech deal with UK grocery chain Sainsbury’s. It has also recently scored deals with Sony Electronics, THG and Frasers Group.