After launching its Product Express platform in Latin America earlier this year, Mastercard has extended the service to new markets, enabling fintechs to quickly initiate card programs. Product Express allows fintechs to choose suitable products, collaborate with plan-certified partners, and track progress efficiently, significantly cutting time to market. With this platform, card programs can launch in as little as 15 days. Within its first year, Mastercard has onboarded BIN Sponsors, processors, and program managers including Blusalt, Episode Six, FOO, Giftstarr, i2c, Nymcard, Optimus, Paymentology, and Wema Bank.
The platform is now operational in Africa, the Middle East, Europe, North America, and additional Latin American markets. Jennifer Premisler, SVP of fintech solutions at Mastercard, expressed excitement about expanding Product Express's reach, emphasizing its role in enhancing user experiences, fostering innovation, and reducing time to market.
Source: Finextra
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