Day: June 12, 2023

Toast will now enable enterprise merchants to combine FreedomPay’s best-in-class global Commerce Platform with its leading restaurant digital platform

Philadelphia, Pennsylvania, June 12, 2023 (GLOBE NEWSWIRE) — FreedomPay, the world’s leading independent commerce platform and Toast, the all-in-one digital platform built for the entire restaurant community, signed a partnership agreement making FreedomPay Toast’s preferred payments gateway partner for select enterprise brands.

Toast will be able to offer its cloud-based digital platform for restaurants to leading enterprise merchants in the U.S. and Canada who are on the award-winning FreedomPay Commerce Platform.

Kelly Esten, Senior Vice President and General Manager, Enterprise at Toast stated: “As the restaurant industry rapidly adapts to new service models, Toast continues to deliver the industry’s trusted digital platform to help restaurants of all sizes and types—including franchisees—drive profitability, create the streamlined dining experiences guests expect, and make managing food service operations across properties easier than ever. We look forward to partnering with FreedomPay as we drive our enterprise expansion.”

FreedomPay Senior Vice President, Sales & Digital Development Nate Ware added: “This exciting collaboration between FreedomPay and Toast delivers advanced capabilities to large merchants. We are quite simply ‘unleashing the power of pay’ to thousands more businesses to help support Toast’s growth across enterprise level merchant solutions.”

FreedomPay is one of the world’s fastest growing Fintechs, innovating and transforming commerce to Next Level payment solutions. FreedomPay is aggressively expanding in new markets including the Middle East, South America, Africa and APAC. FreedomPay has recently been named one of the Fastest Growing FinTechs to Watch in 2022 and is a finalist for the Best Payment System in the PayTech Awards, London 2023.

FreedomPay and Toast will be exhibiting together at HITEC in Toronto, June 26-29. Visit booth 516/518 to learn more.

About FreedomPay
FreedomPay’s Next Level Commerce platform transforms existing payment systems and processes from legacy to leading edge. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services, FreedomPay’s technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce. The company maintains a world-class security environment and was first to earn the coveted validation by the PCI Security Standards Council against Point-to-Point Encryption (P2PE/EMV) standard in North America. FreedomPay’s robust solutions across payments, security, identity, and data analytics are available in-store, online and on-mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale. www.freedompay.com

Jennifer Tayebi
Hill+Knowlton Strategies for FreedomPay
+1 734 395 0780
jennifer.tayebi@hkstrategies.com

GlobeNewswire Distribution ID 8856540

London, June 12, 2023 (GLOBE NEWSWIRE) — The Commonwealth of Dominica has been crowned as the safest place in the Caribbean in the second annual World Citizenship Report published by the world’s leading government advisory and marketing firm, CS Global Partners.

Using data from the World Citizenship Index (WCI), the World Citizenship Report’s data-driven tool which measures 188 countries across five motivators most relevant to the mass affluent, the Nature Isle topped the Safety and Security pillar in the region with a score of 76.9, bringing it to the 38th safest place in the international arena.

In the Caribbean, Grenada (46), St Kitts and Nevis (48), Saint Lucia (50) and Antigua and Barbuda (52) followed Dominica’s safety and security rank of 38. Iceland (1), New Zealand (2) and Switzerland (3) kept their top rankings globally for the second year in a row, while economic giants like the US (65) and China (111) trailed much further behind Dominica.

Dominica continues to place emphasis on physical safety, rule of law, and political stability and ranks high in categories like voice and accountability, where citizens feel empowered to hold leaders accountable to their demands and needs.

The post-pandemic return to ‘normal’ has been marred by generational inflation, broader macroeconomic volatility as well as the geopolitical instability stemming from the crisis in Ukraine – which has threatened to upend the ‘Long Peace’ enjoyed since the end of WWII.

The resultant supply chain, energy, and political pressures have pushed the global economy closer to a recession and are forcing governments to enact monetary and fiscal policy changes that are pressurising households the world over. Perhaps more importantly, the upheaval of the last two years that has engendered both restrictions on local and international movement and increased economic headwinds have compelled the world’s citizens to reappraise their relationship with their own governments with respect to freedom, safety, and opportunity.

The mass affluent and high-net-worth individuals (HNWIs) are looking for alternative destinations as a bolt-hole for future crises in countries that offer the freedoms that are lacking in their home nations.

With many parts of the world also experiencing an uptick in violent crime due to ineffective policies and rising inequality, smaller jurisdictions in particular are increasingly prioritising efforts to ensure the rule of law for all as part of efforts to boost tourism and attract digital nomads. In the Caribbean for example, the United Nations Office on Drugs and Crime (UNODC) data shows that St Kitts and Nevis saw a 50 per cent reduction in its average crime statistics over the past five years resulting in it being ranked among the safest islands to visit in 2023 by well-known tourist guide “Travellers Worldwide”.

Caribbean nations that offer investment migration schemes such as Dominica, offer global citizens access to some of the best travel and economic markets in the world.

Dominica began welcoming foreign nationals to obtain citizenship in 1993. The island remains politically and economically stable, with a low crime rate and rich investment opportunities.

Chantal Mabanga
CS Global Partners
+44 (0) 207 318 4343
Chantal.Mabanga@csglobalpartners.com

GlobeNewswire Distribution ID 8856088