Galileo becomes Visa Ready certified as an issuer processor for its PCaaSA

By Edlyn Cardoza

Galileo Financial Technologies, a financial technology company, owned and operated independently by SoFi Technologies, Inc., announced that it has become Visa Ready certified as an issuer processor for its PCaaSA (Payment Cards as a Service API) technology for card issuing. With this collaboration with Visa, a world leader in digital payments, Galileo can further its partnerships with innovative payments players in the evolving payments landscape.

Galileo’s issuer processor platform offers an easy way to create sophisticated payment card programs and digital banking solutions. Receiving the Visa Ready certification demonstrates Galileo’s recognition in the transformative power of FinTech. Through Galileo’s flexible APIs, clients can create a custom, multi-product solution, including card issuing, payments, checking, savings, deposits, digital banking, lending, and future products.

“Galileo continues to expand the financial frontier by creating frictionless, digital-first experiences,” said Seth McGuire, Chief Revenue Officer at Galileo. “By becoming Visa Ready certified, we are solidifying our current and prospective clients’ trust in choosing our next-gen digital and core banking platform.”

The Visa Ready certification program provides technology companies like Galileo with opportunities to expand their suite of payment solutions that meet Visa’s global standards around security and functionality. With this certification, Galileo can accelerate its payment processing platform to provide an exceptional customer experience across digital banking, payment processing and card issuing.

Galileo is one of the leading financial technology companies whose platform, open API technology, and proven expertise enable FinTechs, emerging and established brands to create differentiated financial solutions that expand the financial frontier. Galileo removes the complexity from payments and financial services innovation by providing flexible, open API building blocks and a secure, scalable, future-proof platform. Trusted by digital banking heavyweights, early-stage innovators and enterprise clients alike, the FinTech company supports issuing physical and virtual payment cards, mobile push provisioning and more across industries and geographies.