Tribe Payments’ digital wallet technology has received another vote of confidence as payment and mobile apps business StyloPay has decided to use it.
Through the deal, the digital wallet will be integrated into StyloPay’s cloud-based payments-as-a-service offering that enables banks and card issuers to rapidly scale card programmes and mobile wallets globally.
“Our clients are demanding, which means we need to be demanding of the technology that we use,” said Avishek Singh, CEO of StyloPay. “Services need to work globally and to international standards but be tailored to the specific needs of industry sectors.
“Tribe was able to meet these demands and more. Breadth of capability and time-to-market are truly industry leading and we look forward to debuting our new digital wallet offering to our clients.”
Alex Reddish, chief commercial officer of Tribe Payments, added, “We want to work with ambitious clients that have new and seeming insurmountable payment challenges that need to be solved on a global basis. This is what we built Tribe for. It has been a privilege working with StyloPay’s team of payment pioneers to create a digital wallet proposition that truly pushes the boundaries of banking.”
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