Smart merchant enablement platform Aevi and Mastercard Payment Gateway Services (MPGS) are combining technologies to simplify the omnichannel shopping experience.

Aevi integrates payments and data across all customer channels by providing an open platform that is device and service independent. This platform, combined with MPGS’s digital gateway, provides merchants with another choice that brings payments straight to where the customer is across multiple touchpoints in-store and online.

The collaboration will see Aevi and MPGS initially focus on Europe, with expansion opportunities. By providing easy access to any payment technology and business platform, the partnership should help banks, acquirers, PSPs, ISOs and ISVs drive digital efficiency and innovation across their payment experiences.

“More than ever, we see the convergence of digital and physical payment channels as a key driver in enhancing customer experience,” said Keith Douglas, EVP of MPGS. “We’ll look to lean into this collaboration and expanded relationship to support our shared merchant customers and partners in their efforts to grow and strengthen consumer relationships.”

In addition to the commercial relationship, Mastercard will become a minority investor in Aevi, along with existing shareholders Diebold Nixdorf, HPE Growth Capital and Schroder Adveq, with Diebold Nixdorf remaining as the majority shareholder. Financial terms of the companies’ investments were not disclosed.

“The commercial relationship and equity investment between Mastercard and Aevi will help accelerate Aevi’s goal to become an industry-standard platform for face-to-face payment integration,” said Mike Camerling, Aevi’s CEO. “Aevi will be better positioned to support all of its customers, and to pursue more market opportunities and to do so more rapidly.”

MPGS offers payment processing technology for merchants, partners and acquirers. Facilitating the acceptance of various payment methods across multiple channels internationally, it provides the reach, resource and security to compete in the changing world of digital payments.

Aevi provides a platform that enables merchants to run their business smarter by giving them easy access to any payment technology. The company operates across Europe, Australia and the Americas with offices in London, Prague and Paderborn.