i2c Partners with Visa for Fintech Processing in MENA Region
i2c Inc. , a leading provider of digital payment and banking technology, today announced its partnership with Visa , the world's leader in digital payments, as fintech processor in the MENA (Middle East and North Africa) region.
Through this arrangement, fintechs in the region will be able to access Visa’s global network as well as i2c’s agile issuing and processing platform by tapping into the combined companies’ suite of digital-first solutions and advanced payments technologies.
“We are honored to have partnered with Visa for Fintech Onboarding in the MENA region,” said Amir Wain, CEO of i2c Inc. “This agreement will allow the region’s financial visionaries to go-to-market quicker and to innovate across a broad range of products and features including virtual cards, debit, prepaid, credit, BNPL, cryptocurrency, loyalty and more – and to do it securely and reliably,” he added.
“We see great opportunity to further accelerate financial access and drive innovation in emerging markets, and are proud to be working with leading partners who bring deep market understanding and fintech expertise,” said Andrew Torre, Regional President, CEMEA, Visa. “We are looking forward to working closely with i2c to accelerate the speed with which fintechs across the Middle East & North Africa region can create innovative payment solutions, built on the foundation of the Visa network.”
This agreement comes at a time of unprecedented fintech growth in the region with an estimated 680 million unbanked persons and 60 million untapped merchants in CEMEA .
About Visa Inc.
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at About Visa , visamiddleeast.com/blog and @Visamiddleeast .
About i2c Inc.
i2c is a global provider of highly-configurable payment and banking solutions. Using i2c's proprietary "building block" technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c's next-generation technology supports millions of users in more than 200 countries/territories and across all time zones. For more information, visit www.i2cinc.com and follow us at @i2cinc .
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
SEOUL-VIOSYS17.5.2022 02:02:05 CEST | Press release
Import Prohibition in Europe as Result of Search and Seizure by French Court
CA-CONVIVA16.5.2022 20:23:04 CEST | Press release
Conviva Announces Streaming Audience Measurement Standard Leveraging Comprehensive, Continuous, Census-level Technology
CA-VERIMATRIX16.5.2022 17:47:09 CEST | Press release
Verimatrix Anti-Piracy and Threat Defense Experts To Highlight Latest Innovations at CABSAT and TT CS
WA-SPIE16.5.2022 17:05:07 CEST | Press release
“Our Future is Light” Campaign Kicks off 2022 International Day of Light
IL-NIELSENIQ16.5.2022 16:03:24 CEST | Press release
NielsenIQ Launches Retail Media Solution to Monetize Assets and Measure ROI for Retailers
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom