Lerex Technology selects Tribe Payments for issuer processing

Lerex has selected Tribe to process card payments for its customers across Europe. Tribe will work alongside Lerex’s issuing partner Transact Payments. Tribe’s approach to technology allows Lerex, Transact Payments, and service providers looking to launch payment card products to add and remove functionality as demands dictate.

With a cloud-based and API-driven platform, Lerex can deploy technologies from agency banking, acquiring, and foreign exchange. Combined with Tribe’s modular and ‘disposable’ approach to service provisioning, businesses looking to offer prepaid services can enhance payment products for their end users without sacrificing speed, scale, and security.

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