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Paymentology first to connect Mastercard Cloud Edge

By Gloria Methri

August 14, 2024

  • cloud-based payment
  • Europe
  • FinTech
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Paymentology, Mastercard Cloud Edge Paymentology has leveraged Mastercard’s Cloud Edge certification, advancing its comprehensive cloud-first strategy to deliver next-generation payment solutions worldwide.

Mastercard’s Cloud Edge allows customers to connect to Mastercard from cloud providers of their choice and supports multiple hybrid connectivity patterns. It is designed to help FinTechs, issuer banks, and other partners to launch new payment services and solutions securely.

Paymentology is the first Mastercard customer to simultaneously connect from multiple public cloud providers through Mastercard’s Cloud Edge. As a result, Paymentology can leverage the complete flexibility that Cloud Edge offers and better serve its diverse clientele, including FinTech, banking, telcos and other sectors, by providing access to Mastercard products and services through a single connection.

Mastercard’s Cloud Edge supports Paymentology’s expansion of its processing services, providing clients with enhanced reliability and scalability for card programme deployments. The collaboration simplifies transactions and ensures robust data security and performance.

Merusha Naidu, Global Head of Partnerships at Paymentology, said, “Paymentology is leading the way in payments innovation, with our next-generation platform and multi-cloud network, making it easy to launch any card programme. This advancement with our long-standing partner, Mastercard, reinforces our commitment to a cloud-first approach and our positioning as one of the first issuer-processors capable of operating entirely in the cloud. All our clients and partners will benefit from our universal cloud connectivity, providing greater flexibility for our products and services.”

Christian Rau, SVP of Crypto and FinTech Enablement, Mastercard Europe, said, “As more organisations adopt digital payment services, Mastercard and its partners continue to prioritise accessible, secure, and innovative solutions. We’re excited to build upon our existing relationship with Paymentology, as they leverage the benefits of Mastercard’s Cloud Edge to enhance further and streamline their cloud-first payments issuing platform.”

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