A Manchester-headquartered FinTech has landed another major client on the back of its technology that streamlines the payments process.
LWC, which is the UK鈥檚 largest independent wholesale distributor of beers, wines and soft drinks, has partnered with Total Processing, which is one of the UK鈥檚 fastest-growing FinTechs.
Founded in 2015, Total Processing delivers its services to more than 3,000 clients and disrupting the payments sector through the delivery of custom payment solutions across online and in-store channels worldwide.
Alex Leigh, co-founder at Total Processing, said:聽鈥淟WC is a classic example of a business with a hugely diverse client base, that is trading tens of thousands of products every week and needs a payments system that can keep pace, efficiently.
鈥淩egardless of the scale of an order, or how it is made, how payment is taken isn鈥檛 something a business need worry about. From the moment we began speaking with LWC鈥檚 management team about its challenges in early 2021 to understand, immediately, we knew that we could provide them with a solution that created enhanced value.
鈥淚t鈥檚 another major brand to add to our client base, as we seek to help others avoid the many complex and unnecessary problems in payment processing.
Founded in 1979 and headquartered in Manchester, LWC offers more than 8,000 product lines to more than 13,500 on-trade customers, from large corporate businesses to sole traders and event organisers.
With an operation comprising of more than 400 staff and 17 distribution centres, it provides coverage throughout the whole of the UK.
The company has been formally recognised as the 鈥榝astest growing privately owned drinks company in the UK鈥� by The Sunday Times and in 2021 alone, had reordered revenues of over 拢240m.
Prior to working with Total Processing, LWC was reliant on several payment providers to process customer transactions, each providing separate payment types.
Now, with Total Processing鈥檚 all-in-one solution, it can process all types of payments through a single platform, Total Control, from online purchases via its ecommerce store, to pay-by-links, POS terminals, payment requests and e-terminal payments.
Stephen Dyson of LWC, said: 鈥淥ur payment solution wasn鈥檛 suitable to the ever-changing needs of LWC Drinks. I required a more modern and dynamic way of collecting payments from our customers. By partnering with Total Processing, we are now on the right track and I have been suitably impressed with the expertise shown from the very beginning of this partnership.鈥�