The international payments firm, B4B Payments announced that the company will join Mastercard Fintech Express Programme today. According to the details shared by the company, the joining will further cement its relationship with Mastercard.
B4B Payments aims to improve the access to the company’s innovative payment capabilities. For businesses, the recently announced extended collaboration between B4B and Mastercard will provide efficient payment solutions.
The FCA authorized company is planning to deliver a broad range of cost-effective payment solutions to businesses. Last year, B4B took its first steps within the scheme as a Principal member, which provided B4B access to the worldwide acceptance network as a card issuer.
Paul Swinton, the CEO of B4B Payments, said: “We are absolutely thrilled to join the Mastercard Fintech Express programme to quickly support organisations to go live with Mastercard with our turnkey solution. As we continue to disrupt business payments by providing quicker more efficient and cost-effective cashless pay-outs, this partnership will help us deliver more choice to organisations looking to scale and succeed via the power of seamless payments.”
Mastercard Fintech Express Programme
The fintech express programme of the US-based financial services provider has witnessed a significant jump in members during the last few months. With investors pouring billions of dollars into the global financial technology sector, Mastercard Fintech Express Programme facilitates emerging fintech companies through networking opportunities and product development guidance.
Jason Lane, the EVP of Market Development at 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.”
Last year, Mastercard announced the acquisition of CipherTrace to expand the company’s presence in the crypto market. Furthermore, the financial services provider announced a partnership with New Orleans recently for Crescent City Card Program.
