Established in Taunton, Somerset in 1999, Cardstream is an independent low-cost, white label payment gateway provider that supports many e-commerce shopping carts. It also provides a real-time virtual terminal so businesses can take payments by phone or mail. It also supplies chip and PIN machines for point-of-sale transactions. It works with UK and global bank acquirers, including Barclaycard and AIM, and it has hundreds of reseller partners, making it responsible for processing millions of their merchants’ payments. With customized solutions, Cardstream helps partners successfully integrate.
Most importantly, Cardstream is entirely independent from payment service providers and acquiring banks. Therefore, customers can use its payment gateway, regardless of which bank you contract with for your merchant account. Also, since it works with all types of acquirers, Cardstream can connect businesses with its vast network of global acquirers and payment firms if you don’t already have one.
In February 2018 Cardstream finished infrastructure and platform upgrades, culminating in what the company calls its “most advanced cloud-based, white label payment platform on the market.” The cutting-edge platform provides comprehensive upgrades to its network of independent sales organizations, software companies, acquirers, payment service providers, and value-added resellers. These include increased on-demand capacity, leading-edge security measures, enhanced DDoS prevention, certification to the latest PCI DSS 3.2 standard, hot failover and full live disaster recovery capabilities.
Its partner network includes 3,500 people selling merchant services from over 20 acquirers via their own branded version of the Cardstream platform.