top of page

Lerex & Glorydale

Lerex and Glorydale Merchant Services strategic partnership to deliver a new Digital Corporate Expense Account solution.


Lerex, a leading provider of digital embedded finance solutions, announced today its strategic partnership with Glorydale Merchant Services (GMS), a prominent name in the merchant services industry. This collaboration aims to provide cutting-edge payment solutions, leveraging Lerex's innovative embedded payment technology, to enhance GMS's business offering to its merchant clients.


With this partnership, Lerex will provide GMS with the ability to provide branded digital accounts to its clients all fully managed by Lerex for a better customer experience. This enables the merchants to control and manage staff corporate expenses and helps them handle business finances more efficiently.


"These are exciting times for the embedded finances industry," said Richard Ney, CEO at Lerex. "Our partnership with GMS will revolutionise the way businesses manage their finances. By seamlessly blending our embedded payment solutions into GMS's merchant services, we are empowering businesses to evolve and thrive in the digital age."


Commenting on this milestone, Ash Bari, CEO at GMS, stated, "We are thrilled to partner with Lerex to bring advanced corporate expense solution to our merchants. This collaboration will offer our clients enhanced convenience, improved cash management, and increased operational efficiency. Together, we are driving innovation in the merchant services industry."


About Lerex:

Lerex is a leading B2B and B2C payment solutions provider, offering end-to-end infrastructure and support for corporate clients seeking to launch their prepaid payment solutions and digital accounts. Since its inception in 2017, Lerex has evolved into a pioneer in global financial solutions, dedicated to providing unparalleled service and support to its clients' dynamic teams. With excellence as its standard, Lerex sets the standard for innovation and technology in the payments industry. 


About Glorydale Merchant Services:

Glorydale Merchant Services (GMS) is a leading provider of merchant services, and it is the trading name of Alma Attic Ltd.


GMS’s moto is to assist businesses to securely accept Credit and Debit card payments throughout the World. GMS offers a comprehensive range of services that streamline payments, increase sales to facilitate global expansion through online payment acceptance. GMS was incorporated on 3rd January 2003, and currently it holds a Payment Facilitator License from Mastercard, and a Payment Institution License from the Financial Conduct Authority (FCA). Furthermore, it also has its PCIDSS license too.


With decades of experience, GMS has been serving thousands of Merchants across the Globe by ensuring reliable and efficient payment solutions.


For media inquiries, please contact:

Mark Horrocks

Comments


E: contact@lerextech.com
T: 020 3422 2223

Lerex Technology
3 Waterhouse Square
138-142 Holborn
London EC1N 2SW

Cards provided to EEA residents are issued by Transact Payments Malta Limited and cards provided to UK residents are issued by Transact Payments Limited pursuant to licences by Mastercard International. Transact Payments Malta Limited is duly authorised and regulated by the Malta Financial Services Authority as a Financial Institution under the Financial Institution Act 1994. Registration number C 91879. Transact Payments Limited is authorised and regulated by the Gibraltar Financial Services Commission.

Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.

Your Accounts are provided by Moorwand Ltd. Moorwand is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 [register reference 900709] for the issuing of electronic money. Any communications in relation to the account can be sent to Moorwand Ltd, Fora, 3 Lloyds Avenue, London, EC3N 3DS, United Kingdom. 

* UK Safeguarding Explanation - Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011.

Ready to find your solution?

bottom of page