Qolo, the leading omnichannel payments and card issuing processor, today announced its partnership with PayQuicker, financial technology leader in the global payouts market, to provide unified disbursement services to PayQuicker and its clients.
The partnership pairs PayQuicker’s market-leading Payouts OS platform with Qolo’s next-generation card issuing and payments platform, enabling PayQuicker to issue a more advanced suite of card products and make multi-channel payouts to meet the needs of corporate clients needing to pay gig economy workers, marketplace sellers, and small to medium-sized businesses across a diverse set of industries. Through Qolo’s integration into multiple banks, PayQuicker will ensure the best payout products, optimized for speed, efficiency and cost, reach the right audience, both domestically and internationally.
“Qolo and PayQuicker are aligned in our vision to bring the best payments offerings to market,” said Patricia Montesi, Qolo CEO, adding, “We are thrilled to work with them and help power their innovative consumer and commercial programs.”
“We chose Qolo as an issuing-processing partner because they offer the most modern, scalable and flexible platform that will enable us to bring unique and differentiated payment solutions to our customers,” said Charles Rosenblatt, President of PayQuicker. “PayQuicker is committed to offering a seamless global payment platform to make instant, secure payouts, and Qolo is an integral partner in our mission to deliver the most advanced global payout solutions.”