UAE-based award-winning B2B Fintech solutions provider, FOO has entered into a partnership with UK-based global payments processor Paymentology in order to provide an out-of-the-box Digital First Virtual Card Platform.
The Digital First Virtual Card Platform helps to improve the digital offering for businesses across industries, ultimately improving the end customer’s experience.
The company said that the platform works by delivering instant, easy-to-use virtual cards which can be used for e-commerce transactions or app payments.
Ghady Rayess MD – FOO
“By partnering with Paymentology, we are able to take a significant step towards global expansion, and branch further outside of the Middle East and into more diverse markets such as Africa. At FOO, we envision a world where businesses can deliver a seamless digital journey for their customers. Together with Paymentology, we are ready to make this possible.”
Furthermore, this partnership will enable businesses to adapt to the market and meet consumer demands with a seamless purchasing experience that includes smooth onboarding, instant digital card issuance, real-time card management, and secure online and in-store payments.
Mr. Rowan Brewer, CEO of Paymentology said that, “We believe in making things easy, making them happen, and making them right. So, accessibility to spending and receiving money for anyone, anywhere, has always been a key focus for us. We have on-the-ground teams with regional expertise in 49 countries across Africa, Asia, Middle East, Latin America, and Europe.”
“This is an excellent fit with FOO’s ambitions of enabling payments in diverse markets. With the power of technology and data, we’re creating customer-focused ecosystems with ‘plug and play’ solutions – for any region – with cards that can be used worldwide. We look forward to being part of the genuine positive impact this partnership unlocks,” Mr. Brewer added.
