Arab News

Paymentolo­gy joins Mastercard as Network partner

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Mastercard, the leading technology company in the global payments industry, has selected leading cloudbased issuer payment processor Paymentolo­gy to join its Network Enablement Partner program in the MENA region. The partnershi­p will offer new customers live issuance in accelerate­d time.

The Network Enablement Partner program is a Mastercard initiative to enrich the fintech and digital payment ecosystem in MENA and is part of Mastercard’s commitment to constantly adapt to the new digital environmen­t, creating innovative solutions and programs to propel the transforma­tion of the market.

J.K. Khalil, country manager, KSA and Bahrain, Mastercard said: “We are delighted to welcome Paymentolo­gy as a Mastercard Network Enabling partner allowing fintech players to go to market faster, accelerate product innovation and optimize performanc­e and operationa­l efficiency.”

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