Wallester, licensed by the Estonian Financial Supervision Authority and an official Visa Principal Member, represents a white-label card issuer and payment service provider that focuses on offering transaction processing services.

The company’s goal is to provide solutions in an “all-in-one” model with access to over 30 different services from card issuing, personalisation and management, to 3D secure integration and fraud monitoring.

PayPugs represents a group of companies working together to provide transparent, trustworthy and personalised financial services. Wallester’s benefit is a unique API created by its development team, which can be integrated with any platform and allows the launch of the user’s own card program.

This agreement will have PayPugs leverage the technology developed by Wallester to issue its own multifunctional virtual debit cards, which are adaptable to different business processes. Wallester’s platform will allow PayPugs to grow in the market while saving time and money, and providing clients with a one-stop solution for all.

PayPugs’ body commented on the partnership with Wallester: “Fintech partnerships are crucial for the development of financial services and rapid market expansion. Partnering with Wallester is exciting and we believe our relationship will become stronger as both companies prosper.

"Our correlating values like security, bespoke solutions and customer-focused approaches will allow this partnership to move forward efficiently.”