Paymentology and Bank Zero Partner to Expand Access to South Africa’s Financial Ecosystem
Paymentology, the leading global issuer-processor, today announced a new partnership with Bank Zero to accelerate access to modern digital banking in South Africa.
As Bank Zero’s first alliance partner, Paymentology supports the bank’s vision of enabling organisations to participate more easily in financial services through its scalable, secure infrastructure.
Bank Zero, a branchless, app-driven bank built from the ground up with cutting-edge digital thinking, brings deep local market expertise and a modern approach to banking. Combined with Paymentology’s global card processing expertise and established operational presence in South Africa, including over 20 years of on-soil processing experience in Africa, the partnership brings together local market insight, scalable payments infrastructure and the strong local execution needed to support alliance partnerships while meeting South Africa’s regulatory and data residency requirements.
Through this partnership, fintechs, retailers, SMEs and digital platforms will be able to offer tailored financial products through flexible Mastercard card issuing, supported by digital-first infrastructure that simplifies onboarding, enhances customer experiences, and accelerates time to market.
