Issuer processing company Enfuce announceds a new partnership with Síminn Pay, the fintech arm of Síminn, the largest telecom service provider in Iceland.
Enfuce is launching a new, virtual commercial card programme for Síminn Pay, equipped with a CO2 calculator by climate action platform Deedster, to help its commercial clients reduce their carbon footprints.
With this new partnership, Síminn Pay, with a substantial business client base of around 14,000 in Iceland, is introducing a commercial card solution that will provide an easy onboarding process and accessible credit lines for Síminn Pay’s customers. The new open loop Mastercard credit card, sponsored by Enfuce, is a virtual card compatible with Apple Pay and Google Pay.
Since November 2022, Enfuce has issued 8,000 consumer credit cards for Síminn Pay, enabling its users to make seamless payments. The new commercial card programme strengthens this relationship, highlighting Síminn Pay’s confidence in Enfuce’s secure, scalable, and innovative card payment solutions that are modular as well as cloud-based.
Monika Liikamaa, Co-Founder and Co-CEO of Enfuce says:
“We’re thrilled to be levelling up our long-standing partnership with Síminn Pay, a company that shares our Nordic values and commitment to sustainability. This collaboration is a testament to our joint vision for a more environmentally responsible future and to setting new standards in the fintech and telecom industries.”
Gunnar Hafsteinsson, Managing Director of Síminn Pay adds:
“ This new programme not only expands our financial services but also empowers our clients to make environmentally conscious decisions. We look forward to seeing the positive impact this will have on our clients and the Icelandic business community.”
Featured image credit: edited from freepik
