Officials during the signing ceremony | Image Supplied
Fils, a groundbreaking ESG-focused digital infrastructure fintech, has entered into a strategic partnership with Telr, the award-winning online payment gateway, in order to help more businesses, measure and mitigate their environmental impact.
Under the collaboration, they integrate end-to-end sustainable infrastructure to make finance and payments more sustainable and transparent.
By Integrating Fils Technology, Telr will enable merchants to track their emissions and access voluntary carbon markets to mitigate the emissions’ harm to the environment.
Khalil Alami CEO – Telr
“This partnership underscores our unwavering dedication to driving sustainable finance. By leveraging Telr’s expertise and partnering with exceptional entities like Fils, we aim to reshape transactions. This effort promotes a more sustainable economy, empowering our merchants with access to emissions calculators to monitor their carbon footprint and emissions-reduction tools. These initiatives align with the ‘Net Zero by 2050’ strategy and are synchronized with COP28, highlighting our commitment to a brighter, more sustainable future.”
According to the statement, they will also be able to demonstrate their positive impact on the environment with robust reporting functionality, reduced greenwashing, and the encouragement of businesses to invest in sustainable initiatives through Fils’ marketplace.
The new capability adds to Telr’s existing suite of services, aiming to elevate eCommerce businesses seamlessly and efficiently with a one-stop-shop philosophy. This encompasses a variety of financial and business services, ranging from social commerce and QR codes to digital invoicing, Telr Buy Now Pay Later (BNPL), and Telr Finance—a dedicated program for merchant financing.
“Today’s exciting partnership with Telr will make a real impact in tackling the issues of climate change, providing access to carbon markets via our robust and transparent infrastructure. Our technology-first approach to sustainable action enables SMEs, large corporates, and other organizations to seamlessly embed sustainability throughout their global operations,” commented Nameer Khan, CEO and Founder of Fils.
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