Paymentology’s card issuing platform and analytics capabilities supports Tuily to provide Apple Pay for businesses in the country 

&nbsp;
26th September 2023 | Bogota and London
<a style="color: #4bbb87; text-decoration: underline;" href="https://streaklinks.com/BrNebkoJCQZksfTpMwv6mu7n/https%3A%2F%2Fwww.paymentology.com%2F" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://streaklinks.com/BrNebkoJCQZksfTpMwv6mu7n/https%253A%252F%252Fwww.paymentology.com%252F&amp;source=gmail&amp;ust=1695809899471000&amp;usg=AOvVaw2_AByyH3hYWh-8i_remX4v">Paymentology</a>, the leading global issuer-processor, today announces its partnership with <a style="color: #4bbb87; text-decoration: underline;" href="https://streaklinks.com/BrNebkoCQuJdw5bqtAobPSxB/https%3A%2F%2Fwww.tuily.com%2F" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://streaklinks.com/BrNebkoCQuJdw5bqtAobPSxB/https%253A%252F%252Fwww.tuily.com%252F&amp;source=gmail&amp;ust=1695809899471000&amp;usg=AOvVaw03tzFx1f8Iq3Pf-QHLaORy">Tuily</a>, the new Colombian fintech that revolutionises expense management for small and medium-sized enterprises (SMBs) which has now enabled Apple Pay for its business customers.
Launched in 2023, Tuily stands as a pioneering Colombian FinTech company with a commitment to democratizing access to capital for Colombian SMBs. As the first Colombian FinTech in the nation to provide such tailored financial solutions, Tuily’s digital and physical corporate Mastercard credit cards, along with a highly secure and user-friendly expense management platform, have not only simplified doing business in Colombia but also opened doors to economic empowerment for small and medium-sized enterprises.
Now, thanks to Paymentology's comprehensive range of products and services, Tuily has added Apple Pay to its offering. With the Tuily business credit card, SMBs can make quick and secure payments using their Apple mobile devices, eliminating the need for physical cards.
In addition to enabling Apple Pay, Paymentology provides Tuily with a full suite of end-to-end scalable card payment programs, including first-class tokenization and security services. The services enabled through Paymentology provide the issuing of virtual and physical Mastercard card processing, 3DSecure technology, ensuring seamless and secure transactions for Tuily's clients.
SMBs constitute a significant portion of Colombia's formal businesses, contributing approximately 40% of the gross domestic product and providing 65% of employment, especially for the most vulnerable groups. The introduction of Apple Pay in Colombia in November 2021 has facilitated more flexible payment options for people across the country. This partnership between Paymentology and Tuily marks a significant milestone for businesses, empowering them to conduct contactless transactions with their business accounts.
Jonathan Tarud, CEO at Tuily commented on the announcement:

<blockquote>
"Our unwavering commitment lies in democratising capital, enabling SMBs to transact effortlessly. Introducing Apple Pay marks the next pivotal step for us to achieve this mission. Collaborating with the customer centric Paymentology team was a great choice for us, and their agile platform empowers us to adapt swiftly and serve our customers better. We look forward to deploying more financially inclusive tools together, not only for businesses in Colombia but also reaching far beyond borders, transforming the landscape of SMB financing."
</blockquote>
Alejandro Del Rio, Regional Director for Latam at Paymentology commented:

<blockquote>
“We recognise the immense significance of SMBs in Colombia's economy, serving as the backbone of formal businesses. That's why we were keen to partner with Tuily, a tour de force in empowering these small enterprises with the essential financial tools to ensure their continued success. We take immense pride in offering next-generation payment solutions that will play a pivotal role in their journey.
Integrating these innovative technologies isn't just a choice; it's a strategic necessity that drives economic efficiency for businesses, enabling them to focus on other crucial aspects of their operations with ease."
</blockquote>
To find out more about Tuily, visit: <a style="color: #4bbb87; text-decoration: underline;" href="https://www.tuily.com/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://www.tuily.com/&amp;source=gmail&amp;ust=1695809899471000&amp;usg=AOvVaw34FyICrEDIAO3pCQHUs2as">https://www.tuily.com/</a>
To find out more about, Paymentology visit: <a style="color: #4bbb87; text-decoration: underline;" href="https://www.paymentology.com/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://www.paymentology.com/&amp;source=gmail&amp;ust=1695809899471000&amp;usg=AOvVaw0dxL5wqsuuSbQsvb5A6C-q">https://www.paymentology.com/</a>
-ENDS-
About Paymentology 
Paymentology is the leading next-gen global issuer-processor. It gives banks, fintechs and telcos the technology, team, and experience to easily issue and process any type of physical or virtual card; debit, prepaid, credit, BNPL, revolving and more. Anywhere in the world, rapidly and at scale.
Paymentology’s superior multi-cloud Platform offering both shared and dedicated processing instances, vast global presence and richer real-time data, set it apart as the leader in payments. Their payments experts bring deep, local market knowledge on the ground in 60 countries, across 14 time zones, guaranteeing 24/7 support. Paymentology is deeply committed to increasing financial inclusion worldwide, and to making a positive impact in the communities in which it operates.
For more information visit <a href="https://www.paymentology.com/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://www.paymentology.com/&amp;source=gmail&amp;ust=1695809899471000&amp;usg=AOvVaw0dxL5wqsuuSbQsvb5A6C-q">https://www.paymentology.com/</a>
About Tuily 
Tuily is an innovative FinTech company that is revolutionizing expense management for SMBs in Colombia and actively working to democratize access to capital for small and medium-sized enterprises. Beyond offering digital and physical corporate credit cards and a highly secure, user-friendly expense management platform, Tuily's mission emphasizes creating a more inclusive and equitable financial landscape. This approach makes doing business in Colombia easier and more accessible, reflecting their core commitment to shaping the future of business in the region by providing access to credit for SMBs.
For more information visit <a href="https://www.tuily.com/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://www.tuily.com/&amp;source=gmail&amp;ust=1695809899471000&amp;usg=AOvVaw34FyICrEDIAO3pCQHUs2as">https://www.tuily.com/</a>

Paymentology and Tuily Introduce Apple Pay for SMB Credit Cards in Colombia

Paymentology’s card issuing platform and analytics capabilities support Nelo’s expansion in Mexico.

&nbsp;
12th September 2023 | London and Mexico:
<a href="https://streaklinks.com/BqFZp9ZjIy4iG238dg7jIjk9/https%3A%2F%2Fwww.paymentology.com%2F" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://streaklinks.com/BqFZp9ZjIy4iG238dg7jIjk9/https%253A%252F%252Fwww.paymentology.com%252F&amp;source=gmail&amp;ust=1694595539750000&amp;usg=AOvVaw0Kd9439K1fD-SAiKgMBz2b">Paymentology</a>, the leading global issuer-processor, today announces its partnership with <a style="color: #4bbb87; text-decoration: underline;" href="https://streaklinks.com/BqFZp9VAQE-4a8ikVgwVQZrf/https%3A%2F%2Fwww.nelo.mx%2F" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://streaklinks.com/BqFZp9VAQE-4a8ikVgwVQZrf/https%253A%252F%252Fwww.nelo.mx%252F&amp;source=gmail&amp;ust=1694595539750000&amp;usg=AOvVaw2r_DCKxzw5erAMbD30gEA7">Nelo</a>, a consumer payments platform in Mexico, to support its Mastercard in-person payments via Billetera de Google in Mexico and the launch of physical cards.
&nbsp;
With over 6 million online purchases on its platform, Nelo is reimagining the way that credit products should be delivered. The Nelo card, along with the integrated Google Wallet feature, provides customers with the flexibility to either settle their entire balance or opt for financing specific purchases gradually, enabling widespread usage of the popular online purchasing solution.
What sets Nelo’s product apart from a conventional revolving credit card is the inclusion of partial biweekly repayments, making it a distinctive offering in the market.
Thanks to Paymentology, Nelo now has access to a fast and scalable infrastructure solution, enabling the smooth launch of its Tap to Pay solution through Google Wallet, along with its physical card. With Paymentology's support, Nelo can offer more people access to credit swiftly and reliably, making Nelo’s services accessible and efficient.
The news comes at a time when over 40% of the Mexican population remains financially excluded, meaning they do not have access to formal financial services such as banking, savings, credit, and insurance. However, technology partnerships like that of Nelo and Paymentology are critical in improving financial inclusion in the country by bringing financial services to the previously unbanked and enabling consumers to pay how and when they want.
Kyle Miller, co-founder and CEO of Nelo commented:

<blockquote>
"We’re incredibly proud to be among the first to enable Google Pay in Mexico. Empowering consumers across LatAm is our mission, and in response to our customers' high demand, we now provide the means to pay in person. Through our collaboration with Paymentology as our global technical partner, we have the expertise and infrastructure to introduce a transparent and equitable credit solution, redefining the essence of credit itself."
</blockquote>
Alejandro Del Rio, Regional Director for Latam at Paymentology added:

<blockquote>
"Through our innovative solutions and superior technological ability, we are empowering Nelo to bridge the financial divide with this latest development in the partnership, reaching out to those previously unbanked and integrating them into the financial system. We are excited to continue supporting Nelo on its journey to enhance its customers' purchasing power while remaining ethical."
</blockquote>
Nelo’s trust from the industry is further cemented by its latest investment and financial support rounds.
Nelo has raised over $25MM of venture capital from investors including Homebrew, Two Sigma Ventures, and Susa Ventures. Additionally, a $100MM credit facility was raised with Victory Park Capital.
&nbsp;
To find out more about Paymentology, head to: <a style="color: #4bbb87; text-decoration: underline;" href="https://www.paymentology.com/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://www.paymentology.com/&amp;source=gmail&amp;ust=1694595539750000&amp;usg=AOvVaw2NGRevOwqL-6nJjJYFsmVG">paymentology.com</a>
&nbsp;
To find out more about Nelo, head to: <a href="https://www.nelo.mx/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://www.nelo.mx/&amp;source=gmail&amp;ust=1694595539750000&amp;usg=AOvVaw3aeVOtdh1SBdEm-wDWPXWn">nelo.mx</a>
&nbsp;
-ENDS-

About Paymentology
<a href="https://www.innovatefinance.com/company/paymentology/">Paymentology</a> is the leading next-gen global issuer-processor. It gives banks, fintechs and telcos the technology, team, and experience to easily issue and process any type of physical or virtual card; debit, prepaid, credit, BNPL, revolving and more. Anywhere in the world, rapidly and at scale.
Paymentology’s superior multi-cloud Platform offering both shared and dedicated processing instances, vast global presence and richer real-time data, set it apart as the leader in payments. Their payments experts bring deep, local market knowledge on the ground in 60 countries, across 14 time zones, guaranteeing 24/7 support. Paymentology is deeply committed to increasing financial inclusion worldwide, and to making a positive impact in the communities in which it operates.
For more information visit <a style="color: #4bbb87; text-decoration: underline;" href="https://www.paymentology.com/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://www.paymentology.com/&amp;source=gmail&amp;ust=1694595539750000&amp;usg=AOvVaw2NGRevOwqL-6nJjJYFsmVG">paymentology.com</a>
&nbsp;
About Nelo
Nelo is a leading consumer credit tech company in Mexico. With over $100MM USD of annual payment volume, Nelo is building a modern alternative to a credit card, designed from first principles for a world of real-time and mobile payments.

Paymentology Partners with Nelo: Creating the Bridge for In-Person Transactions in Mexico

London &amp; Singapore, 29th August 2023

<a href="https://www.paymentology.com/">Paymentology</a>, the leading global issuer-processor and <a style="color: #4bbb87;" href="https://www.moneythor.com/">Moneythor</a>, the best-in-class provider of data-driven engagement solutions for financial institutions, today announced their partnership to bring actionable and event-driven experiences to digital banking customers leveraging Paymentology’s 'Framework for Authorisation and Settlement Transmission' (FAST) interface.

This partnership brings together Paymentology’s rich, fast and deep data stream and Moneythor’s real-time data-driven recommendations, insights and nudges to deliver unparalleled customer experiences quickly and at scale.

By leveraging Paymentology's global payments platform alongside Moneythor's advanced personalisation and engagement engine, banks and their customers can benefit from more relevant personal finance assistance, as well as advanced money management and savings tools. The partnership will also allow banks to provide smart loyalty programmes, cashbacks, rewards and unique gamified experiences.

Paymentology’s fully in-cloud platform offers unmatched flexibility, data-richness, and secure APIs, which allow for smooth integration and the swift design and deployment of customised programmes. FAST Message provides over 120 transaction details, in a rich, layered, easily interpretable, real-time feed. This allows banks to deliver advanced use cases to help their customers manage their finances better while strengthening the bank-customer relationship thanks to data-driven and personalised loyalty programmes.

Moneythor’s best-in-class system of engagement for financial services is powered by real- time data analytics and behavioural science. The Moneythor solution delivers un-matched, data-driven and personalised experiences to customers across all digital banking channels. Examples of these include money management nudges, budgets, savings goals, predictive forecasts, financial literacy material, relevant offers, loyalty programs and more.

Emre Durusut, Regional Director for APAC at Paymentology, commented: 
<blockquote>"We are at the forefront of meeting, and exceeding, the demands of digital banking clients who expect instant insights about their financial activities and health. By combining Paymentology’s FAST feed technology with Moneythor’s personalised system of engagement, we now offer an unparalleled user-friendly experience. The powerful combination of the two companies is enriched by in-depth financial data that banks can readily share with their individual and corporate customers. We take great pride in this partnership as we embark on our first common use cases, setting the bar high for the future of next-generation banking."</blockquote>
Olivier Berthier, CEO, Moneythor, added 
<blockquote>“Paymentology are the best-in-class processing platform for digital banks. By partnering with them we will be able to tap into their rich and meaningful data streams to deliver our actionable insights, recommendations, and nudges to customers when and where it matters most.”

&nbsp;</blockquote>
-ENDS-

Moneythor and Paymentology partner to bring banks data-driven personalisation and enhanced engagement, powered by ultra fast payments and rich data feeds

Paymentology is the first global issuer-processor. They give banks, neobanks, fintechs and telcos the technology and experience to easily issue and process any type of physical or virtual card anywhere in the world, rapidly and at scale.

Paymentology

Paymentology is the first global issuer-processor. They give banks, neobanks, fintechs and telcos the technology and experience to easily issue and process any type of physical or virtual card anywhere in the world, rapidly and at scale.