Highnote partners with Visa to enable next generation of card issuance
By Edlyn Cardoza
September 02, 2022
- Card Issuance and Program Management Platform
- Digital Payments
- GraphQL API Program
Highnote, a fully cloud-native card issuance and program management platform, has expanded its partnership with Visa, a world leader in digital payments, which includes full certification as a Visa issuer processor. This significant milestone paves the way for innovative enterprises to leverage the Visa network to bring differentiated consumer or commercial card programs across prepaid, debit, and credit use cases to market.
Since its inception, Highnote has built upon and utilised leading technologies critical to the scale, reliability, and velocity expectations at the heart of today’s innovative embedded finance experiences. The rapidly completed certification demonstrates Highnote’s agility, industry leadership, and executional excellence and solidifies a close relationship with Visa.
“We built Highnote so enterprises can differentiate by launching embedded finance solutions that support the needs of their customers today and in the future. Through Visa Cloud Connect, we are able to leverage our modern, flexible, and scalable infrastructure to deliver an issuer processor and payments platform that is fully cloud-native and meets the need of enterprises that are looking to innovate and remain ahead of competition,” said John Macllwaine, Highnote’s Co-Founder and CEO.
Additionally, Highnote has finished its Visa Ready certification and will join Visa’s Fintech Fast Track program as an enabler in the US market, where it can help digital enterprises launch differentiated card programs rapidly using its GraphQL API platform coupled with program management, money movement, and issuer processing services.
“At Visa, we’re committed to accelerating the scale and pace of payments innovation,” said Vanessa Colella, SVP and Global Head of Digital Partners and Innovation at Visa. “Through this partnership with issuance platform, Highnote, we’re excited to enable the next generation of fintechs and support embedded card capabilities.”
IBS Intelligence reported that GoDo had partnered with Highnote to create the GoDo Card. This new card program offers underbanked workers immediate access to interim wages with no-fee advances.
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