Digital payments provider BPC has joined Visa’s Fintech Fast Track Programme to help fintechs scale their business more quickly.
The programme was designed to make it easier for fintechs to get to market and leverage Visa’s global payments network.
BPC has joined the programme as a preferred technology enablement partner, providing technology that allows fintechs to build their own products. In addition, it will offer fintechs software-as-a-service (SaaS) or processing-as-a-service (PaaS) models using its new paytech Radar Payments’ international processing centre.
Jane Loginova, co-founder of Radar Payments by BPC, said: “As a private organisation, we empathise with fintechs facing the challenge of making the right technology investment to launch a compelling proposition while limiting cash flow risk.
“We have designed a payment as a service model leveraging VisaNet that makes it possible for fintechs to launch a fully-fledged financial offering without having to invest in their own infrastructure or acquire complex payment expertise. We handle all payment functions so fintechs can focus on their core business and the customer experience.”
Access to instant payments
Through the initiative, fintechs from APAC, EMEA and LATAM can connect to BPC and gain access to instant payments solutions via VisaNet. Fintechs will also have access to value-add connections with national payment systems.
Peter Theunis, co-founder of Radar Payments by BPC, commented: “We are proud to partner with Visa and join the Fintech Fast Track Programme to spur the creation of new commerce and payment experiences. We have the capability to help launch a fintech, PSP or neobank in a matter of weeks.”
“As our name suggests, we fly under the radar of our clients to respond to market changes with agility so that they can focus on business growth. While the cost to launch is dramatically reduced, the offering is not. Our technology, cloud expertise, certification and experience with Visa makes it possible to co-innovate. It will enable these new players to go to market faster in a highly competitive payment world.”
BPC’s SmartVista platform is adopted in more than 80 countries and certified under the Visa Ready programme.