Nium completes acquisition of Ixaris

12th May 2020

Ixaris becomes Principal Issuing Member of Visa and Mastercard

Ixaris Virtual Cards

Ixaris announces it is now a Principal Issuing Member of Visa and Mastercard, unlocking exciting possibilities for new and faster product innovations.

These new partnerships grant Ixaris the ability to directly issue Visa and Mastercard products. This gives Ixaris more control over the card payment stack and considerably greater agility. In fact, we are already accelerating pipelines to bring new products and features to market faster than ever before

Ixaris’ clients will soon benefit from a larger card portfolio, additional currencies, improved cash flow, greater efficiency and acceptance, powerful FX features, and more competitive rewards.

Using our partnerships to launch new capabilities is part of our strategy to expand our global client base while continuously innovating to power smarter payments and better margins.

“Becoming a Principal Issuing Member of Visa and Mastercard recommits our focus on virtual card-driven technology. We recognise that entire industries are facing new and unprecedented challenges right now. Principal membership allows Ixaris to rapidly build and launch card products that are even more adaptable to the needs of our clients in travel and beyond.”

Mark Anthony Spiteri, Acting CEO and COO, Ixaris

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