Qolo launches new B2B payments platform
Qolo launches new B2B payments platform
Florida-based B2B payments company, Qolo, has launched a new payments system which, according to the company, aims to work by providing comprehensive functionality, improved economics and quicker time to market. The company’s B2B payments system supports different levels of payments which include businesses, gig-workers, banks related to prepaid debit cards.
“We deliver a holistic approach to payments,” said Qolo CEO Patricia Montesi. “By offering all this functionality on one platform, we enable our clients to own the payments P&L. And our unique mix of capabilities allows us to create solutions never before seen in our industry.”
The platform will support transaction processing from Accel, AFFN, American Express, CO-OP, Interlink, Mastercard Banknet, Mastercard Cirrus, Mastercard Maestro, MoneyPass, NYCE, PLUS, Pulse, STAR, VISA. It will be utilizing its fraud system to ensure that business data remains safe and it also offers real-time processing and multi-currency model.