Cloud-based payment solutions provider PCI Pal has entered into a partnership with online payments firm Stripe.

Under the agreement, organisations leveraging Stripe’s payment infrastructure services for web-based businesses can deploy the security solutions of PCI Pal.

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The aim is to see that payment collections are managed with compliance to the latest Payment Card Industry Data Security Standard (PCI DSS) norms.

PCI Pal director of Channel Sales David Swift said: “By partnering with Stripe, customers are able to deploy a secure, PCI compliance solution quickly and the integration with our partner Stripe is already proven.

“There are a number of synergies between the two companies – both providing flexible APIs that developers like working with.

“We have already worked with Stripe on several high-calibre mutual customers and are delighted to formalise our strategic alliance with the global payment gateway provider.”

PCI Pal enables organisations to take Cardholder Not Present payments in a secure manner.

enables secure management of payments through telephone, IVR or digital channels, such as Webchat, Whatsapp, Social Media, Email and SMS.

The latest tie-up will enable the organisations to accept payments, send payouts, and manage their online businesses with peace of mind, noted PCI Pal.

Last month, PCI Pal joined forces with customer experience intelligence company Calabrio.

The partnership enables PCI Pal to roll out its payment solutions in the Calabrio marketplace by joining the Calabrio Developer Program (CDP).

Stripe moves in 2020

Meanwhile, Stripe was recently in the news for launching a new billing portal to simplify subscription management for end-users.

In April this year, the firm raised $600m in a Series G extension to capitalise on the digital shift in the economy amid the Covid-19 pandemic.

The firm was also in the limelight for leading Series A funding for Fast and PayMongo.