At the end of October, TabaPay announced our expanded strategic partnership with Pathward bank to enable a shared goal of powering financial inclusion. By enhancing our suite of faster payments solutions for bank partners we are empowering customers and lowering the barriers to access faster payment solutions nationwide. Below is a quick summary of the announcement and you can read the full press release on Businesswire here.
We first announced our partnership in 2020.Since then, we’ve have grown our network to 15 partner banks. Deepening our alliance with partner banks, including Pathward, gives end-customers added money movement capabilities, as well as an easier path for any merchant looking to adopt faster payments solutions to meet consumer’s evolving expectations of their financial service providers.
By seamlessly integrating our payments platform, end customers can push and pull funds faster and at scale, among other core functions complimentary to Pathward’s payments solutions. Today, those capabilities include issuing, acquiring, processing, credit, and tax solutions. In time, Pathward aims to build on its expansive Banking as a Service offering to provide fintech firms a more complete end-to-end solution.
“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.”
-Will Sowell, Divisional President of Banking as a Service at Pathward
Through our platform, Pathward’s partners will be able to perform account-to-account transfers, corporate disbursements, account loads and unloads, and payouts instantly. Our all-in-one processing platform is designed to support any use case and payment medium. With TabaPay, customers gain access to a comprehensive suite of payment solutions that simplify processing, liquidity management, reconciliation and settlement, and provide least cost routing, among other processes critical to the payments ecosystem with a unified API.
“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.”
-Manoj Verma, Co-founder and CRO at TabaPay
To learn more about enabling your payments with Tabapay’s suite of solutions for bank partners, please request a meeting here.
