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Paymentology & 2innovate team to boost payment processing in LatAm

By Delisha Fernandes

March 11, 2024

  • 2innovate
  • Digital Banking
  • Digital Transactions
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Paymentology, TrueMoneyPaymentology, a global issuer-processor, has partnered with 2innovate, a provider of SaaS for banking and digital transactions.

This partnership highlights 2innovate’s ongoing commitment to innovation and operational excellence in the Latin American financial ecosystem. 

Alejandro Del Rio, Regional Director for Latam at Paymentology, said, “We are excited to embark on this journey with 2innovate. To seize the upcoming opportunities in the global finance sector, it’s crucial to have the right technological partners. Our collaboration is a synergy of two companies committed to driving forward advancements in payment processing in order to provide best-in-class, next-generation payment solutions.” 

With its global footprint, Paymentology is a leading force in the payments sector. Its cloud-based infrastructure is utilized for issuing and processing credit, debit, and prepaid cards, both physical and virtual, tokenized or non-numbered.  

With a presence in over 50 countries across 14 time zones, the organization provides large-scale issuance solutions with an infrastructure that enables rapid innovation and operational cost reduction, along with a wide range of next-generation payment services and technologies. By partnering with Paymentology, 2innovate elevates its commitment to delivering solutions that seamlessly integrate with the broader financial ecosystem. 

“We are thrilled to partner with Paymentology,” said Pablo Pereyra Portugal, CRO of 2innovate. “This partnership will enhance the efficiency and agility of our Frame Banking™ platform and other solutions in our portfolio, driving positive transformations that benefit our clients and, ultimately, the future of the payment industry.” 

As part of this partnership, 2innovate will work closely with Paymentology, sharing insights and expertise to foster the continued innovation and development of payment processing standards. This collaboration further solidifies 2innovate’s position as a forward-thinking company dedicated to staying at the forefront of industry advancements. 

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