Mastercard is expanding a service that enables FinTechs to launch a card programme in as little as 15 days.

Product Express was rolled out in Latin America earlier this year and will now be available to FinTechs in Africa, the Middle East, Europe, and North America.

Mastercard said the service reduces the time to market by providing the tools, resources and partners required to launch and scale.

Through the platform, Mastercard said FinTechs can select the product that best meets their needs and choose pre-approved card designs.

They will also have the ability to track progress in full transparency across all steps to be completed by all parties.

Beyond card issuance, Mastercard said Product Express will soon provide simple, fast and transparent onboarding for additional solutions to enable global payments acceptance.

This includes a range of acceptance solutions available globally as well as enterprise payment solutions via Mastercard Gateway, which offers a single connection to help customers accept payments globally and expand into new markets more easily.

“We are thrilled to be expanding the reach of the Product Express to more partners, more regions and more solutions,” said Jennifer Premisler, senior vice president of FinTech solutions at Mastercard. “By creating a better experience for all parties, we foster innovation and reduce time to market.”

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