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Peter Janes Feb 18, 2021 9:00:00 AM 7 min read

World's largest acquirers sign next gen payment solution

We have had a fantastic start to the year and some very good news to bring you from both Paycast and Shieldpay.


In 2020, we grew the Paycast business case from inbound enquiries from within the ecommerce and merchant services sector, into the use of Shieldpay’s payments platform. Working closely with some of the world’s largest acquirers we developed an acquirer-agnostic version of Stripe’s Connect platform that benefits multiple parties.

We are very excited to announce that two of the largest acquirers on the planet, Barclaycard and PayU have signed up to utilise the Paycast platform from 2021 onwards. Combined with their own leading gateway and acquiring services, these partnerships will revolutionise the sector by offering a fully compliant combined marketplace solution to merchants.




In Paycast, we have developed a platform that enables any acquirer to provide cross-border marketplace functionality (reconciliation, onboarding and secure disbursement of funds) to their existing client base. This also opens up a brand new revenue stream as acquirers are now able to pursue new marketplace opportunities – a sector dominating all acquirers’ priorities right now.

With no integration required, just a change in payment routing, any acquirer can work with the Paycast platform and provide this functionality to any C2C, B2C or B2B marketplace. By ensuring funds are paid into the Paycast escrow/settlement accounts, payment acquirers can mitigate chargeback risk whilst ensuring funds are settled to verified parties.




This fully PSD2-compliant platform is also hugely attractive to merchants. With the growing pressures of PSD2, many merchants found themselves considering to become regulated themselves simply to maintain business as usual. Paycast enables merchants to keep their existing acquirer/PSP relationships and checkout processes but now utilise Paycast to handle the ‘regulated’ part – i.e. secure holding, processing and disbursement of funds to sellers or sub-merchants who sell on their platform.

We would love to speak to any acquirers out there as we are confident this is an area they will want to be targeting right now and we can save them money and time to get them to market quickly.



At Shieldpay, despite the uncertainties of 2020, we have seen a 5X increase in revenue over the year and we can now count over 120 law firms, financial services firms and professional services firms as our clients.

To add to our Third-Party Managed Account and Corporate Payment Services offering, we are happy to announce that in March 2021 we will be formally launching Shieldpay Trust Services. This will allow us to facilitate larger and more complex transactions in a greater number of jurisdictions (40+ countries).

Shieldpay Trust Services will be available to facilitate the following types of transactions:

  • Paying Agent
  • Corporate Escrow
  • Mergers and Acquisitions
  • Asset Purchases
  • Commercial Real Estate (construction, sale or security payments, rent deposits)
  • Lending and collateral transactions
  • Litigation Settlements 
  • Travel Trusts
  • Personal Protective Equipment (PPE)

With the wealth of experience in the Shieldpay Team, our commercial team is always on hand to assist. Contact Shieldpay's Sales Director, Nabila, at to learn more about the offering.

Thanks to everyone for their continued support, it’s looking like a fantastic 2021.


For more information on Paycast, or an introduction of the solution,
please email Peter Janes or Tom Squire.

Peter Janes

CEO and Founder of SPG