Vopy Payments selects FSS Technologies to support global digital payments growth

Friday 17 September 2021 12:15 CET | News

Sweden-based Vopy Payments has selected payment processor FSS Technologies in a partnership designed to support European digital commerce growth through embedded finance.

Vopy and FSS will collaborate by combining FSS’s Unified Card Issuance platform with particular emphasis on card management, support around 3DSecure adoption with FSS’s Access Control Server and integration of FSS’s Reconciliation Solutions. 

Embedded finance supports the integration of financial services into products and business processes of non-banks and is fuelled in Europe by Open Banking and digital transformation. FSS is managing 800 plus million payment cards for Tier One banks and payment processors and supports the growth of embedded payments across multiple global markets, according to the press release.

The partnership will focus on driving payments for consumer brands among telecom providers, social network platforms, consumer tech and other business verticals across multiple markets in Europe, before extending into other markets in other regions.

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Keywords: partnership, embedded finance, Open Banking
Categories: Payments & Commerce | Cards
Countries: Sweden
This article is part of category

Payments & Commerce

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