PayU's Wibmo building full-stack payment gateway solutions
by ETtech.com
ETtech.com— PayU-owned Wibmo, a provider of authentication services for online digital payments, is building a complete payment gateway solution.By creating a prepaid issuance stack and a neo-banking solution for banks, Wibmo aims to support digital distribution capabilities of large banks and financial services firms.The company is emerging as a key offering for Naspers-backed PayU which is looking to venture deeper into business payments and enter newer markets.From fetching about 94% of revenues from...
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