Through Mastercard's Network Enablement
Partner program, NovoPayment certifies its processing platform in
Mexico for Mastercard
transactions
MIAMI, Feb. 6, 2024
/PRNewswire/ -- NovoPayment, a mission-critical financial and
payments infrastructure provider, announced today that it has
received Mastercard certification, as part of the Mastercard
Network Enablement Partner program, to switch and process
Mastercard transactions in Mexico.
The Network Enablement Partner (NEP) program is a Mastercard
initiative that enables Service Providers — the vendors of
Mastercard-Licensed Issuers and Acquirers who typically have a
fully indirect relationship with Mastercard — to play a
pivotal role in expediting product innovation, reducing time to
market and enhancing overall performance and operational efficiency
for their customers. The direct partnership with Mastercard opens
the door for Service Providers to collaborate on initiatives
that drive value, innovation and seamless experiences in the
evolving payment ecosystem.
Prior to Mexico, NovoPayment
has received certifications in Chile, Colombia, Ecuador, Peru
and Venezuela as card issuer
processors.
"Our team has a long, successful track record of supporting
clients across Latin America.
We've worked in Mexico since 2009
and have a deep understanding of the market," said Angelique Strauss, Chief Growth Officer of
NovoPayment. "With this certification to process Mastercard
transactions in Mexico,
NovoPayment continues to execute on our multi-rail payments
strategy to support our clients' ongoing demands, in addition to
offering greater choice and flexibility."
Through the NEP program, the direct access to Mastercard also
enables NovoPayment to increase speed to market through the ability
to test its products and solutions up front, ensuring alignment
with Mastercard standards.
About NovoPayment
NovoPayment, a category leader in Banking as a Service (BaaS)
platforms, enables digital financial and transactional services to
support various use cases. The company's bank-grade solutions use
APIs and other flexible delivery models to help banks, financial
institutions, merchants, networks, marketplaces, neobanks, and
other financial service providers to leverage their existing
systems to generate new deposits, transaction streams, and customer
experiences. For more information,
visit novopayment.com and developer.novopayment.com.
About Mastercard (NYSE: MA) www.mastercard.com
Mastercard is a global technology company in the payments industry.
Our mission is to connect and power an inclusive, digital economy
that benefits everyone, everywhere by making transactions safe,
simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. With connections across more than
210 countries and territories, we are building a sustainable world
that unlocks priceless possibilities for all.
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SOURCE NovoPayment