Buckaroo and ABN AMRO Enter into Transformative Partnership

Published about 2 months ago

Payment Service Provider (PSP) Buckaroo has formed a strategic commercial partnership with ABN AMRO, becoming the exclusive provider of advanced merchant payment services for the bank’s clients.

Strategic Move to Transform Payment Services

This significant collaboration between Buckaroo and ABN AMRO, backed by Keensight Capital, is set to transform omnichannel payment and merchant services across the Netherlands. As part of this partnership, Buckaroo will exclusively provide online and point-of-sale merchant services to ABN AMRO’s diverse clientele, encompassing small and medium enterprises (SMEs) to large-scale companies.

Expansion and Integration

In a move to expand its services, Buckaroo will fully integrate the comprehensive portfolio of debit card acquiring contracts of ABN AMRO, one of the top three Dutch banks. This development not only reinforces the dedication of both entities towards superior payment services, but also strengthens Buckaroo’s standing as a leading PSP in the Benelux region.

Innovative Offerings

The partnership will provide ABN AMRO’s clients access to Buckaroo’s innovative and complete suite of payment methods. These include iDeal, Mastercard, VISA, AMEX, Bancontact, ApplePay, WeChat, and PayPal. Buckaroo’s advanced offerings also feature recurring payments, “buy now pay later” options, and cutting-edge point-of-sale solutions such as SoftPos (payment acceptance on smartphones).

According to Paul Scholten, CEO of Buckaroo, this partnership places Buckaroo as the ideal payment facilitator for ABN AMRO’s clientele, with a commitment to deliver modern and robust solutions alongside premium services. Stanislas de Tinguy, Partner at Keensight Capital, expressed excitement at the prospect of supporting Buckaroo in this transformative partnership, anticipating synergistic growth as both firms innovate the payments sector in the Netherlands.

Related news