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Pomelo selects Mastercard to boost SME offering 06 May 2021
Source: Pomelo Pay Digital payments platform Pomelo Pay has partnered with Mastercard, enabling the London-based and globally focused company to build on the support it offers its business customers across the world with an expanded range of products and services. As a Principal Issuing Member, Pomelo will be able to issue payment cards directly to its small and medium-size enterprise (SME) customer base and make direct payment settlements with Mastercard on behalf of its merchants, helping its customers to further reduce the friction in the payments journey and help its merchants get access to their working capital faster.
External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Hi55 Ventures to launch salary access card 3 hours ago
Source: Mastercard Hi55 Ventures, a disruptive new fintech company in pay, has partnered with Mastercard to launch, a market-first salary access card, enabling people to access their pay as soon as they’ve earned it. Similar to a debit card, the card gives employees direct access to money they’ve earned in real-time, with a limit in line with their earnings. By changing how people are paid, Hi puts them directly in charge, and in control, of their pay for better budgeting. The card, issued by Railsbank - the leading global Banking-as-a-Service (BaaS) platform, is available to employees of companies who have signed up to Hi55 Ventures’ innovative platform, Hi.
Payments 11:38 am
Hi55 Ventures, a disruptive new fintech company in pay, has partnered with Mastercard to launch, a market-first salary access card, enabling people to access their pay as soon as they’ve earned it.
Similar to a debit card, the card gives employees direct access to money they’ve earned in real-time, with a limit in line with their earnings. By changing how people are paid, Hi puts them directly in charge, and in control, of their pay for better budgeting. The card, issued by Railsbank – the leading global Banking-as-a-Service (BaaS) platform, is available to employees of companies who have signed up to Hi55 Ventures’ innovative platform, Hi.
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Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice New research on environmental sustainability, commissioned by Mastercard, reveals a marked increase in consumer passion for the environment as a result of COVID-19 with 85% of people across the globe willing to take personal action to combat environmental and sustainability issues in 2021.
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New Mastercard research reveals that Brits have discovered new ways to shop on social media during the pandemic, as bricks and mortar stores were forced to shut, with 43% of those surveyed increasing their spending on social media in 2020 compared to previous years.