Synopsis-
“Pathward is expanding its Banking as a Service offering by seamlessly connecting to the TabaPay platform to perform push and pull payments for its partners.”
Pathward, a US-based company focused on financial inclusion, has expanded its partnership with TabaPay, a money movement platform for merchants and leading FinTech brands.
Pathward Keen to Expand Its BaaS Service-
Pathward is expanding its Banking as a Service offering by seamlessly connecting to the TabaPay platform to perform push and pull payments for its partners. The goal is to provide FinTechs with a comprehensive end-to-end solution, which includes payment, issuing, acquiring, processing, credit, and tax solutions.
Will Sowell, Divisional President of Banking as a Service Pathward, said, “Leading players from across the FinTech ecosystem are looking for an easier way to move money. TabaPay is one of the leading payments platforms providing a frictionless path to push and pull funds to make payments instantaneous. Pathward looks forward to expanding our partnership as we jointly drive toward making the financial system accessible for more consumers and commercial arrangements regardless of how they transact.”
Countless Benefits to Pathward’s Partners-
Pathward’s partners will be able to immediately execute account-to-account transfers, corporate disbursements, account loads and unloads, and payouts using the TabaPay platform. Customers can access a full range of payment solutions with TabaPay, including least cost routing, liquidity management, processing, reconciliation, and settlement, among other essential payments ecosystem functions, all through a single, unified API.
Manoj Verma, Co-founder and CRO at TabaPay, said, “Partnering with Pathward, a leading bank to FinTech firms, payfacs, ISOs, and other merchants, aids in our mission to make money movement instant. Together, we can empower their partners across all industries with faster payment options and best-in-class rails that meet the ever-evolving needs of today’s consumers.”
