Allied Wallet, a US-based provider of online payment processing services, has teamed up with Carta Worldwide, a transaction processing and payments technology provider, to develop programs that enable corporations to send and receive payments.
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The partnership aims to expand Allied Wallet’s latest line of prepaid products as well as eliminating cheques and streamlining online payment processing globally.
As part of the deal, Allied Wallet’s prepaid programs will use Carta’s transaction solutions for cheque replacement and the convenient business-to-business and business-to-affiliate payouts.
Carta said that the card programs that are equipped with chip-and-pin technology will enable corporations to securely and efficiently transfer payments to clients, contractors, agents, vendors, distributors, and affiliates.
Allied Wallet CEO Andy Khawaja said: "Carta’s platform will allow us to streamline the process of affiliate payouts worldwide."
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By GlobalDataCarta CEO Brian Semkiw said: "Our technology-driven transaction solutions can uniquely facilitate the growth of their programs, services and merchant reach. With our leading mobile payment platform, Allied Wallet is in a great position to move into even more scalable product and user expansion."
