Fidelity Payment Becomes Associate Member of BIBA
9th September 2020
Fidelity Payment has joined the British Insurance Brokers’ Association (BIBA) as an Associate Member.
Fidelity Payment created a real alternative to the big banks. Since launching in 2004, it has been committed to making card payments easier, faster, safer and cheaper. 50,000 clients now used their services to receive more than £25bn around the world every year.
The Fidelity global network will enable brokers and their customers to collect Visa, Mastercard and Amex payments through familiar insurance broker management systems like Acturis, Open GI, Applied, Schemeserve and Transactor.
Ben Cohen, Managing Director, said: “Our customers really value the flexibility and support our services provide. We are sure that brokers will appreciate the ease of taking card payments through us which is why we are delighted to have become a BIBA Associate Member.”
Steve White, BIBA’s Chief Executive, concluded: “The world of payments is changing and we welcome Fidelity Payment on board allowing BIBA members to benefit from their experience and insurance sector knowledge.”
For more information, BIBA members should contact Ben Cohen, Managing Director on 020 3758 8438 or [email protected]
Notes to editors
- For further information please contact:
Leighann Forsyth, Deputy Head of Communications
020 7397 0224
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- About the British Insurance Brokers’ Association
The British Insurance Brokers’ Association (BIBA) is the UK’s leading general insurance intermediary organisation representing the interests of insurance brokers, intermediaries and their customers.
BIBA membership includes more than 1800 regulated firms, employing more than 100,000 staff. General insurance brokers contribute 1% of GDP to the UK economy; they arrange 67% of all general insurance with a premium totaling £66.5bn and 81% of all commercial insurance business. Insurance brokers put their customers’ interests first, providing advice, access to suitable insurance protection and risk management.
BIBA receives more than 600,000 enquiries per year to its Find Insurance services, online and via the telephone which are directed to member insurance broking firms.
BIBA is the voice of the sector advising members, the regulators, consumer bodies and other stakeholders on key insurance issues.