London, UK. 4 March 2021: xpate, the payments platform that prioritises simplicity, speed and user experience, has announced the start of a strategic partnership with Mastercard to further enhance its innovative payments services as a principal Mastercard participant.
As a principal member, xpate will work directly with Mastercard to enhance its xpate Stacks platform, offer its innovative solution to new clients, bolster its merchant acquiring portfolio, and take advantage of an extended range of products and services to strengthen its offering in the market.
The announcement follows a milestone year for xpate, with the fast-paced scale up taking growing its headcount six-fold from 15 to an impressive 90 in less than a year. Among the strategic hires are Viktorija Raizina as Head of Card Operations and Anna Zotova, as Chief Risk Officer.
The payments platform also plans to launch its app to bring new and existing customers the very latest in efficient, simple and speedy cross-border payment solutions.
Mike Shafro, CEO of xpate, commented on the development: “Our strategic partnership with Mastercard is an exciting milestone for the whole xpate team and further demonstrates the commitment to our vision of offering our customers a simplified and streamlined service. There are hardly bigger names in the fintech space than Mastercard and to be a part of this principal programme so early in our journey is testament to the hard work and talent of our unstoppable team.
“In addition, this will help to establish transparent and cost-effective pricing for merchant acquiring, and be flexible and robust in the delivering of merchant custom-tailored solutions that narrow the gap on convenient payments acceptance.
“We are looking forward to working closely with Mastercard and to bring innovative product developments to market in the coming months.”
Edoardo Volta, Head of Fintechs, UK & Ireland at Mastercard, said: “We are delighted to bring xpate on as a principal member, reflecting our commitment to supporting fintechs and using cross-collaboration to inspire growth across the industry. By utilising Mastercard’s industry expertise, global standards, and trusted solutions, xpate will bring further choice to the cross-border payments market.”
Submitted by xpate
Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.
We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.
Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.
Please click the button below which relates to the issue you’re having.
Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association
Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.
For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.
The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.
Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.
Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.
For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.
