i2c Inc., a digital payment and banking technology provider,
announced on Tuesday that it arranged a partnership with Visa to become its
fintech processor in the Middle East and North Africa region (MENA).
According to the press release, fintechs in the region will
be able to tap into the combined companies’ digital-first solutions and
advanced payment technologies through this arrangement, which takes advantage
of Visa’s global network and i2c’s issuing and processing platform.
“We are honored to have partnered with Visa for Fintech
Onboarding in the MENA region. This agreement will allow the region’s financial
visionaries to go-to-market quicker and to innovate across a broad range of
products and features, including virtual cards, debit, prepaid, credit, BNPL,
cryptocurrency, loyalty, and more – and to do it securely and reliably,” Amir
Wain, CEO of i2c Inc., commented.
Andrew Torre, Regional President, CEMEA, at Visa, commented
the following: “We see great opportunity to accelerate financial access further
and drive innovation in emerging markets, and are proud to be working with
leading partners who bring deep market understanding and fintech expertise. We
are looking forward to working closely with i2c to accelerate the speed with
which fintechs across the Middle East & North Africa region can create
innovative payment solutions, built on the foundation of the Visa network.”
Collaboration with KARTY
Last month, i2c inc. announced its collaboration with KARTY,
a Qatar-based fintech company providing customized digital financial solutions,
for the launch of a digital-first prepaid wallet.
Supported by the Research Development Innovation Sector of
Qatar Foundation, Qatar Financial Centre and Qatar Development Bank, KARTY aims
to revolutionize the financial experience of users in the country. The latest
partnership with i2c inc. will enable KARTY’s mobile wallet to provide
Visa-branded digital cards and cashless P2P transactions on the Visa network.
Moreover, the mobile wallet will include several financial management tools.
i2c Inc., a digital payment and banking technology provider,
announced on Tuesday that it arranged a partnership with Visa to become its
fintech processor in the Middle East and North Africa region (MENA).
According to the press release, fintechs in the region will
be able to tap into the combined companies’ digital-first solutions and
advanced payment technologies through this arrangement, which takes advantage
of Visa’s global network and i2c’s issuing and processing platform.
“We are honored to have partnered with Visa for Fintech
Onboarding in the MENA region. This agreement will allow the region’s financial
visionaries to go-to-market quicker and to innovate across a broad range of
products and features, including virtual cards, debit, prepaid, credit, BNPL,
cryptocurrency, loyalty, and more – and to do it securely and reliably,” Amir
Wain, CEO of i2c Inc., commented.
Andrew Torre, Regional President, CEMEA, at Visa, commented
the following: “We see great opportunity to accelerate financial access further
and drive innovation in emerging markets, and are proud to be working with
leading partners who bring deep market understanding and fintech expertise. We
are looking forward to working closely with i2c to accelerate the speed with
which fintechs across the Middle East & North Africa region can create
innovative payment solutions, built on the foundation of the Visa network.”
Collaboration with KARTY
Last month, i2c inc. announced its collaboration with KARTY,
a Qatar-based fintech company providing customized digital financial solutions,
for the launch of a digital-first prepaid wallet.
Supported by the Research Development Innovation Sector of
Qatar Foundation, Qatar Financial Centre and Qatar Development Bank, KARTY aims
to revolutionize the financial experience of users in the country. The latest
partnership with i2c inc. will enable KARTY’s mobile wallet to provide
Visa-branded digital cards and cashless P2P transactions on the Visa network.
Moreover, the mobile wallet will include several financial management tools.
Source: https://www.financemagnates.com/fintech/news/i2c-signs-partnership-with-visa-as-fintech-processor-in-mena/