World issuer processor Paymentology is becoming a member of forces with ViaCarte, a customisable fee platform and issuer, to extend card issuance throughout Latin America and the Caribbean.
By way of the brand new collaboration with Paymentology, ViaCarte will supply BIN sponsorship, enabling SMEs to launch their very own card programmes. Shoppers can go to market shortly and cost-effectively because of the mixed experience of the 2 entities.
Shoppers can take pleasure in pay as you go playing cards with excessive card limits (as much as $500,000 per card), pay as you go playing cards with the broader acceptance charges of bank cards), intensive loyalty advantages, and the choice so as to add ‘Identicate’ privateness safety, constructed by cybersecurity big Norton and international insurer Lloyds of London, to guard cardholders towards theft, fraud, in addition to information loss on-line.
Alejandro Del Rio, regional director for Latin America and the Caribbean at Paymentology, commented: “We’re thrilled to associate with ViaCarte to carry card issuance and processing options to much more purchasers throughout Latin America and the Caribbean in a speedy and inexpensive method. This collaboration exhibits our dedication to empowering companies of all sizes with the instruments they should win in as we speak’s fast-paced monetary ecosystem.”
Paymentology gives banks, fintechs, and telcos with the most recent expertise, skilled groups, and huge expertise to seamlessly situation and course of any sort of bodily or digital card, together with pay as you go, debit, credit score, multi-currency, Purchase Now Pay Later (BNPL), or revolving credit score.
Backing card progress in LATAM
ViaCarte’s fee options help transactions in over 135 currencies throughout 111 international locations. The corporate gives white-label card, e-wallets and profit programmes for establishments and people. It additionally presents bodily financial institution accounts (IBANs), crypto-fiat alternate, crypto loans, payroll and remittance fee companies.
Eleuren Mendez, director of threat and compliance at ViaCarte, additionally stated: “By becoming a member of forces with Paymentology, we’re assured that we are able to ship extra worth to our purchasers in Latin America and the Caribbean. Our safe, scalable, and customisable fee options fulfil the wants of any enterprise seeking to launch or develop their card programmes.”
With a powerful presence within the Caribbean and Latin America, ViaCarte has attracted a few of the area’s largest establishments as purchasers.