B4B Payments joins Mastercard Fintech Express Programme

By Joy Dumasia

B4B Payments, a global payments provider, announces it will join the Mastercard Fintech Express Programme. As part of the Mastercard Developers initiative, it is set up to provide support in obtaining licensing for issuing Mastercard prepaid, debit and credit cards either directly with Mastercard or through its qualified ‘Express Issuance’ partners.

For more than 15 years, FCA authorised B4B Payments has been deploying instant and secure prepaid solutions to the business community. The award-winning company enables organisations of any size to manage payments, expenses, gifts, or rewards quickly and safely, all via automated and streamlined processes embedded within its robust platform.

Joining the Fintech Express Programme is a natural next step in cementing the relationship with Mastercard. In 2020, B4B took its first steps within the scheme as a Principal member, which provided B4B access to the worldwide acceptance network as a card issuer. This extended partnership aligns with B4B’s mission to make innovative payment capabilities instantly accessible for all businesses that need them.

Paul Swinton, B4B Payments CEO, said: “We are absolutely thrilled to join the Mastercard Fintech Express programme to quickly support organisations to go live with Mastercard with our turnkey solution. As we continue to disrupt business payments by providing quicker, more efficient, and cost-effective cashless pay-outs, this partnership will help us deliver more choice to organisations looking to scale and succeed via the power of seamless payments.”

Jason Lane, EVP, Market Development, Mastercard Europe, commented: “We are pleased to welcome B4B Payments into the Fintech Express Programme. We look forward to further developing our relationship and are confident that they will continue to benefit from our extensive network and resources.”

Recently, IBS Intelligence reported that Sentinels, Europe’s leading transaction monitoring platform, announced a partnership with global card issuing solutions for businesses, B4B Payments. The Sentinels platform will facilitate B4B Payments in meeting anti-money laundering (AML) compliance requirements by improving the accuracy of fraudulent transaction detection across its portfolio of products.