Recently, B4B Payments created a buzz by becoming a part of the MasterCard Fintech Express Programme. Mastercard Developers took this initiative based on its plans to provide support in obtaining licensing when issuing Mastercard prepaid, credit, and debit cards. The process would take place either directly with Mastercard or through its qualified ‘Express Issuance’ partners.
For more than fifteen years, B4B Payments has been FCA authorized. Throughout its tenure, B4B has been deploying instant and secure prepaid solutions to the business community. Through partnering with B4B Payments, several award-winning companies have enabled organizations (any size) to manage payments, expenses, and rewards safely. The automated and streamlined processes helped organizations embed their payment processes faster than before.
In this venture, the joining of the Fintech Express Programme is a first step towards creating beneficial motives for B4B Payments and MasterCard. In similar ways, in 2020, B4B took steps as a principal member within the scheme, which provided B4B with the opportunity to become one of the legal card issuers worldwide. This relationship was extended with a mission to create instant and innovative payment capabilities, which will be accessible to all businesses in need.
We are thrilled to join the Mastercard Fintech Express program to quickly support organizations to go live with MasterCard with our turnkey solution. As we continue to disrupt business payments by providing faster, more efficient, and cost-effective cashless pay-outs, this partnership will help us deliver more choice to organizations looking to scale and succeed via the power of seamless payments.”
Paul Swinton, B4B Payments CEO
On the same, Jason Lane, EVP, Market Development, Mastercard Europe, commented: “We are pleased to welcome B4B Payments into the Fintech Express Programme. We look forward to further developing our relationship and are confident that they will continue to benefit from our extensive network and resources.”