3C Payment, a global payment service provider part of Planet Group, today announced a partnership with Cybersource, Visa’s global payment management platform, to deliver new token-based omnichannel payment services via a new integration with Token Management Service by Cybersource.
With this partnership, 3C Payment has integrated its digital enterprise gateway with the Cybersource platform to leverage the Cybersource tokenization service—helping retailers and hospitality outlets simplify token management, secure sensitive payment data, and provide a 360-degree view of the consumer across online and in-store channels. There are more than 3.4 billion Cybersource tokens in use throughout the world.
The Cybersource token is the crucial link between the two platforms where payments made in-store by card, digital wallets, or alternative payments with 3C PMS, POS, and Kiosk solutions, are tokenized by Token Management Service to create one unique token identifier. Merchants benefit from a consolidated view of the customer across multiple channels and payment touchpoints—helping them gain deeper insights into consumer behavior, track spend and derive valuable business intelligence—as well as operational efficiencies and centralized reconciliation.
“We’re delighted to partner with Cybersource to offer value-added services to our existing mutual clients and for new global opportunities. This partnership helps 3C realize our strategic goals with new owners Planet, to further enhance our existing joint proposition across specific verticals, and provide revenue-generating services to help our clients grow in the long-term.” Tim Goodwin, Chief Executive Officer, 3C Payment.
Christian Deger, Head of Europe at Cybersource commented: “We’re excited about this new partnership with 3C Payment and look forward to combining our complementary capabilities to help support businesses within the retail, hospitality and transport sectors recover, innovate and thrive. This new partnership is another example of our desire to build out a strong and deep partner ecosystem that provides compelling payments solutions.”
While omnichannel payment services provide a smoother, seamless experience for consumers, merchants benefit from increased brand loyalty, which is vital in the post-COVID-19 rebound to drive revenue.
About 3C Payment
3C Payment makes it easy for consumers to pay anyhow, anywhere, using highly secure specialized transaction flows that support the needs of their clients. 3C Payment cover the full transactional journey from integrated P2PE EMV hardware linked to their hosted infrastructure and payment gateway services, to online and in-app payment acceptance linked to onsite and ERP systems. Their secure 3C Integra hosted platform unifies multiple payment channels allowing merchants to confidently trade in person and online in over 47 countries worldwide with local or centralized reporting accessible from anywhere through 3C Payment’s web portal. 3C Payment has agreed to be acquired by the payment company, Planet, subject to regulatory approval by the Financial Conduct Authority in the UK.