back Back

Paymentology first to connect Mastercard Cloud Edge

By Gloria Methri

August 14, 2024

  • cloud-based payment
  • Europe
  • FinTech
Share

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.”

Previous Article

August 14, 2024

Alchemy Pay & Mesh team to offer seamless crypto payments

Read More
Next Article

August 14, 2024

GoHenry and Google Wallet partner to launch kids’ smartwatch

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

cloud-based payment

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

September 09, 2024

One in five US consumers hit by identity fraud, seek security tips from billers

Read More

September 09, 2024

Sasai & Airtel Money expand free remittance services across Africa

Read More

September 09, 2024

Mastercard and barq partner on payment processing solutions

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Global FinTech Innovation Awards 2024

Here’s to the coolest in FinTech!
Nominate Now!
close-link
Nominate now! IBSi Global FinTech Innovation Awards 2024