Fintech start-up QPS enters the payment cards domain by partnering with ‘Zwipe’

Zwipe and Que Processing Services (QPS) are joining forces to bring Zwipe Pay ONE biometric payment cards to banks in two key markets, Asia and the Middle East.

QPS provides a fully managed card issuance and processing platform services to various financial and non-financial institutions. QPS delivers innovative card programs in multiple countries including India, South Asia & Middle East.

Speaking on the collaboration, Vinay Kalantri, Founder & CEO of QPS, said, “Across every industry, modern payment solutions are disrupting the status quo. Zwipe Pay ONE Biometric Payment Cards will uplift QPS’ payments portfolio and demonstrate our commitment to bringing breakthrough innovations to the banking sector. Zwipe is a globally recognized biometric fintech company and our collaboration will provide differentiation and meaningful commercial value to our bank customers.”

“We are experiencing a growing interest in biometric payment cards and Zwipe. Partnering with well-known next-generation payment processors such as QPS will be instrumental in accelerating the deployment of the biometric payment cards to consumers and banks. As QPS is enabling banks to quickly launch new and innovative payment programs, both partners see a strong product and go-to-market synergies. We are sure that this journey will further accelerate the deployment of biometric payment cards in the region,” commented Ramzi Saboury, General Manager for Zwipe in the MENA region.

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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