- Partnership Announcement: UK-based neobank Ampere has partnered with Mastercard to introduce card-to-card payment capabilities for its SME customers.
- Payment Solution: The card-to-card payments, powered by Mastercard, will support conversions in over 60 currencies, offering faster and cheaper transactions compared to traditional banking systems.
- Objective: The solution aims to reduce delays and complications associated with international payments.
- Ampere’s Offerings: Founded in 2022, Ampere provides business banking services to start-ups and SMEs in the UK and EU, including multi-currency merchant accounts, debit cards, loans, mortgages, invoicing, and fund management.
- Customer Benefits: Kris Krupecki, Ampere’s commercial director, notes that the card-to-card payment feature will help SME customers expand their financial and operational growth through seamless cross-border transactions.
- Partnership Strategy: Ampere has been focusing on building strong partnerships, having collaborated with business loan providers YouLend, Cubefunder, and Iwoca, as well as brokerage firm Access Financial Services earlier this year.
