Paymentology partners with Intercash; extends global footprint into Latin America

By Pavithra R

Paymentology, offering state-of-the-art, fast, next-generation technology for payment processing announced extending its global footprint into the Latin America and Caribbean regions through its partnership with Intercash, a global provider of payment solutions and custom white-label card programs.

By leveraging Paymentology’s APIs, consumers on Intercash’s VISA program in the region will benefit from real time-card usage approvals and market-leading fraud monitoring.

“The opportunity to introduce the Paymentology brand into Latin America and the Caribbean is important for us. To do so in conjunction with such an established name in global financial services as Intercash is equally important, and we look forward to extending our relationship into additional jurisdictions as we move forward,” said Shane O’Hara, CEO of Paymentology.

Established since 2002, Intercash is a global FinTech company specializing in payment management and services. It is a leading provider of custom white-label prepaid card programs. The data collection capability at the point of sale, which Paymentology provides, will bolster Intercash’s ability to respond to client demand and implement new product launches at speed.

“Paymentology’s advanced technology and the ability to integrate it seamlessly and at speed into the Intercash card platform makes it the natural selection for us, and we are pleased to be working with the Paymentology team in this first phase of our relationship,” said Aaron Gladman, CEO of Intercash’s Card Division welcoming the integration of the Paymentology functionality.

Founded in 2015, Paymentology has grown from an innovator to a robust provider of scalable processing for banks across the globe. It runs multiple issuer payment card processing platforms across the world, spanning Mastercard, Visa and UnionPay networks.

Also read: Payments & Cards Systems and Suppliers Report 2020