MetaBank, N.A. announced on Tuesday the expansion of its payments platform to include processors Finix and TabaPay. According to Metabank, Finix builds payments infrastructure for vertically-focused software providers and fintech companies. With Finix, businesses may own and monetize entire payments experience without having to build an in-house system from scratch or rely on third-party payment service providers.
Meanwhile, TabaPay is a card payments processor for fintech companies who want a simple and comprehensive solution to disburse, collect payments, and fund accounts in real-time. While sharing more details about the partnerships, Sheree Thornsberry, Meta EVP and Head of Payments, stated:
“Consumers are demanding seamless, faster payments across the board, and our partners wanted choices for processing these payments. We responded to that demand with more options than ever before, so that they can help businesses and consumers receive funds efficiently and effectively, all via the processor of their choice.”
Richie Serna, Finix CEO and Co-Founder, went on to add:
“We’re excited to partner with Meta, a leading provider of payments services, to help build out their faster payments platform. Faster payments enable merchants to respond with speed and flexibility to new market demands. With Meta, we will bring speed and innovation to even more businesses and consumers.”