back Back

Paymentology launches global credit card processing solution

By 8

August 25, 2020

Share

Paymentology
Shane O’Hara, CEO, Paymentology

UK-based payments processor Paymentology recently announced the launch of its new global credit card processing solution under the branding of Credit.Works. The FinTech’s approach is expected to boost Credit.Works’ capabilities and enable it to provide flexible interest rate controls, inbuilt loyalty capability, and customer data visibility to integrating banks.

CEO of Paymentology, Shane O’Hara, commented on the launch, “The Paymentology platform has established itself as the processing platform of choice for those banks looking for a rapid drive in their digitisation journey. Our Credit.Works platform now focuses on credit card providers with a novel, innovative technologies. It enables banks to address global markets with a genuinely market-leading suite of benefits.”

The platform also offers reward programmers with real-time customer data capture at the point of spend. Recently, Paymentology announced that Utility Warehouse (UW) has selected the former for processing cashback card transactions. UW’s customers will be able to benefit from cashback provided by online and high-street retailers that are automatically offset against their monthly utility bills.

‘Increasingly an issue of concern for banks is their fraud management,” adds Shane O’Hara. “Our Credit.Works product takes in our advanced fraud prevention technology recognised to be 30% more efficient than competitors’ solutions, giving banks not only the opportunity to integrate the full-service credit card platform but to do so too with the benefit of highest quality fraud controls.”

Previous Article

August 25, 2020

AirPay FinTech integrates with AsiaPay; Merchants can now accept Alipay, WeChat Pay & UnionPay

Read More
Next Article

August 25, 2020

MoneyGram announces new partnerships, building strong momentum in Africa

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

February 12, 2025

Al Rayan Bank upgrades its core banking solution with Finastra

Read More

February 11, 2025

Zeta raises $50m in fresh funding; valuation jumps to $2bn

Read More

February 05, 2025

Aldermore Bank taps Temenos to modernise business savings

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q4 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 Q4 2024
Know More