Mastercard announced on March 17 that it is strengthening its partnership with Paymentology, a company that helps banks and fintechs create, manage, and process card payments, to simplify card issuance for South African fintechs.

This collaboration provides the expertise, infrastructure, and speed needed to scale payment solutions, driving financial inclusion and digital growth.

Mastercard offers global payments infrastructure and security, while Paymentology provides cloud-based processing and program management. Their combined expertise ensures faster, more efficient card issuance.