Galileo awarded Visa Ready certification

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Source: Galileo

Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced that it has become Visa Ready certified as an issuer processor for its PCaaSA (Payment Cards as a Service API) technology for card issuing.

By collaborating with Visa, a world leader in digital payments, Galileo can further its partnerships with innovative payments players in the evolving payments landscape.

Galileo’s issuer processor platform offers an easy way to create sophisticated payment card programs and digital banking solutions. Receiving the Visa Ready certification demonstrates Galileo’s recognition in the transformative power of fintech. Through Galileo’s flexible APIs, clients can create a custom, multi-product solution including card issuing, payments, checking, savings, deposits, digital banking, lending and future products.

“Galileo continues to expand the financial frontier by creating frictionless, digital-first experiences,” said Seth McGuire, Chief Revenue Officer at Galileo. “By becoming Visa Ready certified, we are solidifying our current and prospective clients’ trust in choosing our next-gen digital and core banking platform.”

The Visa Ready certification program provides technology companies like Galileo with opportunities to expand their suite of payment solutions that meet Visa’s global standards around security and functionality. With this certification, Galileo is able to accelerate its payment processing platform to provide an exceptional customer experience across digital banking, payment processing and card issuing.

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