Paymentology and Mukuru expand partnership to launch everyday banking services

Global issuer-processor Paymentology has announced an expansion of its existing partnership with the South African fintech Mukuru. This development marks a shift for the fintech as it transitions beyond its traditional focus on remittances to offer broader financial services.

As part of this expanded collaboration, Mukuru is introducing the new Mukuru Account & Card in South Africa. The product launch signals the company’s move into the everyday banking space, leveraging Paymentology’s infrastructure to support these new financial offerings.

Source: Finextra
Original article: https://www.finextra.com/pressarticle/111434/paymentology-expands-partnership-with-south-african-fintech-mukuru-moves-into-everyday-banking?utm_medium=rssfinextra&utm_source=finextrafeed

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