Paymentology has announced its connection to Mastercard’s Cloud Edge, advancing its cloud-first strategy to deliver enhanced payment solutions across the globe.
The new certification aligns with Paymentology’s cloud-first approach. Mastercard’s Cloud Edge allows customers to connect to Mastercard from cloud providers of their choice and supports multiple hybrid connectivity patterns.
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By GlobalDataIt is designed to help fintechs, issuer banks and other partners to securely launch new payment services and solutions.
Paymentology can leverage the full flexibility that Cloud Edge offers and better serve its clientele
The announcement comes at a time when fintechs, banks, and telcos continue to expand their global reach and operate across borders, but often encounter issues relating to the need for specialised hardware, physical connections and regional compliance requirements that can often cause delays, impeding customer adoption.
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.
As a result, service deployment is accelerated, customer adoption delays are minimised, and a more reliable, scalable, and secure platform is delivered.
Merusha Naidu, Global Head of Partnerships at Paymentology, commented: “Paymentology is leading the way in payments innovation, with our next-generation platform and multi-cloud network, making it easy to launch any type of 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, Crypto and Fintech Enablement, Mastercard Europe, added: “As more organisations adopt digital payment services, Mastercard and its partners continue to prioritise accessible, secure, and innovative solutions. We’re excited to be building upon our existing relationship with Paymentology, as they leverage the benefits of Mastercard’s Cloud Edge to further enhance and streamline their cloud-first, payments issuing platform.”
