Paymentology working with Standard Chartered digital bank MOX Bank on full launch

1 year ago

Paymentology, the UK cloud-native payment processor, is pleased to recognise the official launch of Standard Chartered’s digital bank, MOX Bank.

Paymentology has been working with MOX Bank during the pre-registration phase of the Hong Kong based bank, and now moves to the next phase of full launch. MOX received their virtual banking license last year and Paymentology has embedded its global processing capability into the platform since then enabling MOX clients to benefit from market leading real time processing with best in class fraud monitoring.

As MOX now enrols the first 20,000 pre-registered clients, Paymentology looks forward to supporting the new bank with its growth agenda in Asia, a key target geography for Paymentology.

Founder and CEO of Paymentology, Shane O’Hara commented, “We congratulate MOX Bank on their official launch and are delighted to be working with them. The technology built into the Paymentology platform means that we are able to provide real time processing with market leading data collection at the point of sale, enabling banks to provide a high quality offering to their clients. As MOX now roles out its new service to early stage clients we look forward to supporting both them, and the bank, in providing a truly digital and personised banking experience.”

Notes for Editors:

Image of Shane O'Hara attached

Details of Paymentology available at: www.paymentology.co.uk

Details of MOX Bank available at: mox.com



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About Paymentology

Paymentology runs multiple issuer payment card processing platforms across the world, spanning Mastercard, Visa and UnionPay networks. We are recognised as the leading innovator in the sector. We specialise in: Replacing legacy Issuer card processing, Provision of cloud & data centre based processing, Direct transaction injection into bank GL, Delivery of rich card spend datasets to bank, Enablement of very latest cardholder spend controls, and Support of Debit, Credit and Pre-Paid card programmes.