PayAlly chooses Nets for issuer and acquirer processing

Monday 18 October 2021 11:25 CET | News

UK-based payment service provider PayAlly has chosen Denmark-based fintech Nets Group as its provider of issuing and acquiring processing services in the UK.

Nets will deliver a full issuing services product suite, starting with a Card Management System based on the modular platform developed by TUUM, as well as tokenisation and access to Nets’ XPay Card Service. Nets will also deliver both issuing and acquiring payment authorisation and clearing, dispute management, fraud prevention, and customer services.

PayAlly Limited was established in 2017, providing payment services via its payments ecosystem, comprising local, regional, and international payments, payment accounts, internet payment platform, foreign exchange possibilities, prepaid MC cards, multicurrency processing.

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Keywords: Issuer, partnership, Nets, fintech, Acquirer, tokenization, payment processing
Categories: Payments & Commerce
Countries: United Kingdom
This article is part of category

Payments & Commerce

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