Paymentology

Paymentology provides card processing and tools for launching virtual and physical payment cards for banks and fintechs. It is an issuer processor and a financial infrastructure provider.

Services

The company lists issuer processing, virtual cards, physical cards and programme tools. It works with the Visa, Mastercard and UnionPay networks, so a programme can be set up for more than one scheme.

Clients

The published target segments are fintech companies, banks and financial institutions, and businesses or enterprises. This indicates who the product is built for, not that every applicant will be accepted.

Reading the role correctly

Paymentology is a technology and processing provider and not a deposit-taking bank. Its products should not be taken for bank deposits, and the BINs used by customers should not be attributed to Paymentology by default. The issuing bank, BIN sponsor and network membership are defined programme by programme.

Before choosing

Teams planning a card launch should ask about the sponsoring bank, supported countries and currencies, the commercial model for processing and how quickly a programme can go live. These details are not published and are agreed in a contract.