Leading financial technology solutions and payments provider Euronet Worldwide and leading digital payments firm, Visa have come together to act as a catalyst for the growth of fintech firms in the Asia Pacific region. Euronet’s Digital Integrated Payment Cloud (DIPC) and full-stack APIs will be used to help fintech firms manage the complete cycle of card issuance programs through digital or other forms.
Kevin Caponecchi, Executive Vice President and CEO, epay, Software and EFT Asia Pacific Division, is optimistic about this collaboration. He was glad at this partnership being materialized,
Euronet is thrilled to partner with Visa on this initiative to empower fintech companies with critical card issuing services and other solutions. Euronet’s industry-leading digital processing platform, based on a full stack of open APIs, is backed by an established global footprint and delivers an ideal foundation for fintechs to get to market quickly and successfully.
The DIPC has been given the certificate to be Visa Ready for above 15 Asia Pacific markets, which include Indonesia, Malaysia, Philippines, Australia, Hong Kong, Japan, New Zealand, Singapore, India, China, Thailand, and Vietnam.
Euronet has invested a significant amount of its resources into Payments as a Service (PaaS), which is supported by the DIPC to provide its users the facility of accessibility, security, and quick go-to-market abilities to fintech firms by way of on-demand partner.
Euronet and Visa together developed a program that provides all the essential parameters needed to begin a fintech business and accelerate its momentum in the APAC region such as: quick go-to-market, ability to change, local Infrastructure and regulatory experience, and program management.