MOORWAND’S ISSUING, BIN SPONSORSHIP AND DIGITAL BANKING SERVICES WILL ENABLE PAYME SWISS TO OFFER A SUITE OF PAYMENTS OPTIONS
Moorwand is providing issuing, BIN Sponsorship, and digital banking services to Payme Swiss, to help revolutionise card and wearable payments, across Europe, for predominantly affluent and high-net-worth individuals (HNWI).
Payme Swiss is an experienced programme manager, offering white label and custom-made solutions to B2B clients . By partnering with Moorwand, Payme Swiss will provide digital wallet and card programmes quickly, efficiently, and securely to its customers. Moorwand’s issuing services enable Payme Swiss to offer both virtual and physical cards, as well as prepaid cards that can be linked to unique contactless wearable payments solutions.
“Affluent and HNWIs are younger than they ever have been, creating increased demand for more innovative ways to pay. Private banks, stifled by legacy technology, just can’t keep up. At the same time, many fintechs are focused on mass adoption, meaning innovation targeted at these individuals is starting to stagnate,” said Simon Isaev, CEO. “Moorwand’s suite of issuing and digital banking services, in tandem with its deep-rooted regulatory understanding, is helping us to transform the card and wearable payments market for these individuals.”
“With the fintech market becoming increasingly crowded, customer-led innovation and solutions tailored for particular segments are more important than ever. Fintechs must identify pain points in the customer journey, and then use their skills and knowledge to alleviate them,” said Luc Gueriane, Chief Commercial Officer at Moorwand. “Payme Swiss understands the needs of HNWIs, and the fintechs trying to serve them, and together we look forward to opening up new opportunities for these individuals.”
In the future, Payme Swiss will also be working on providing white label solutions to a wider variety of clients, focusing on their USP of being able to create, design, and produce wearables and cards, and provide a fast programme setup for companies and fintechs that want to promote innovative payments.