Pathward & TabaPay expand partnership on faster payments solutions

By Delisha Fernandes

Pathward, a US-based financial empowerment company driven by its purpose to power financial inclusion, has announced the expansion of its partnership with TabaPay, a money movement platform for merchants and leading FinTech brands.

By seamlessly connecting to the TabaPay platform to perform push and pull payments for its partners, Pathward aims to build on its expansive Banking as a Service offering to provide FinTechs a more complete end-to-end solution. Current capabilities include payment, issuing, acquiring, processing, credit, and tax solutions.

Will Sowell, Divisional President of Banking as a Service Pathward, said, “Leading players from across the FinTech ecosystem are looking for an easier way to move money. TabaPay is one of the leading payments platforms providing a frictionless path to push and pull funds to make payments instantaneous. Pathward looks forward to expanding our partnership as we jointly drive toward making the financial system accessible for more consumers and commercial arrangements regardless of how they transact.”

Through the TabaPay platform, Pathward’s partners will be able to perform account-to-account transfers, corporate disbursements, account loads and unloads, and payouts instantly. With TabaPay, customers gain access to a comprehensive suite of payment solutions that simplify processing, liquidity management, reconciliation and settlement, and provide least cost routing, among other processes critical to the payments ecosystem with a unified API.

“Partnering with Pathward, a leading bank to FinTech firms, payfacs, ISOs, and other merchants, aids in our mission to make money movement instant,” said Manoj Verma, Co-founder and CRO at TabaPay. “Together, we can empower their partners across all industries with faster payment options and best-in-class rails that meet the ever-evolving needs of today’s consumers.”