Pathward and TabaPay have announced the expansion of their partnership, designed to enable faster money movement solutions for their customers.
This collaboration aims to make money movement instantaneous and empower partners across all industries with faster payment options, aligning with the evolving needs of consumers and businesses in the modern financial landscape.
As part of this continued alliance, Pathward’s innovative suite of payments solutions is set to be bolstered by TabaPay’s range of services, allowing it to empower FinTech firms, merchants, and platforms with faster payments nationwide.
Pathward’s clients will gain access to a range of money movement capabilities, including account-to-account transfers, corporate disbursements, account loads and unloads, and instant payouts. TabaPay’s platform is designed to support various use cases and payment mediums. Customers can benefit from a comprehensive suite of payment solutions, simplifying processing, liquidity management, reconciliation and settlement, and implementing least cost routing, among other essential functions in the payments landscape.
Pathward is a financial empowerment company committed to advancing financial inclusion. They offer comprehensive Banking-as-a-Service (BaaS) and Commercial Finance solutions, striving to enhance financial availability, choice, and opportunity for individuals and businesses.
TabaPay is a leading money movement platform known for its scalable, resilient, and cost-efficient instant payment solutions. The company processes over 1 million transactions daily on behalf of more than 2,500 clients in the U.S. and Canada. TabaPay provides merchant acquiring, instant payments, and services across the payments ecosystem, offering flexibility and efficiency through its unified API.
Pathward’s Divisional President of Banking as a Service, Will Sowell, 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.”
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.”
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