Qolo, a leading operator of omnichannel payments and card issuance, announced the beginning of cooperation with PayQuicker, a leader in financial technology in the global payment systems market.

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The result of this cooperation will be the provision of unified payment services for PayQuicker. As part of the implementation of the partnership agreement, the company will be able to produce a more advanced set of card products and make multi-channel payments to meet the needs of corporate clients who need to pay employees of large enterprises, sellers on trading platforms, and small and medium-sized enterprises.

PayQuicker ensures that the best payout products optimized for speed, efficiency, and cost will reach the right audience.

Patricia Montesi, CEO of Qolo, says that both companies adhere to a common position regarding the concept of the emergence and subsequent promotion of the best payment offers on the market. She also said that her firm will help the partner develop innovative consumer and commercial programs.

Charles Rosenblatt, president of PayQuicker, noted that Qolo has the most modern, scalable, and flexible platform that will allow customers to offer unique and differentiated payment solutions. He stated that his company aims to offer a seamless global payment platform for instant and secure payments. Charles Rosenblatt noted that Qolo is an integral partner of the mission to provide the most advanced global payment solutions.

PayQuicker launched its payout platform in 2007. The company provides businesses of any size with the ability to offer secure and compatible instant global payments in local currency through secure bank accounts with prepaid debit cards, virtual cards, and mobile wallets.

Qolo was founded in 2018. The company’s mission is to help businesses navigate the complex landscape of transactions.

As we have reported earlier, Mercedes-Benz and Visa Launch In-Car Payments in Germany.