Cardstream, a leading fintech, has partnered with Mastercard to integrate open banking payments into its white-label Payment Facilitation-as-a-Service (PFaaS) platform, allowing merchants across the UK to offer bank-to-bank payments alongside traditional card options. Built on Mastercard’s secure open banking technology, the solution supports single, immediate payments and lays the groundwork for commercial variable recurring payments (VRPs) expected later in 2025. The collaboration reflects the growing demand for embedded, secure, and seamless payment experiences, with Cardstream aiming to provide a turnkey, branded solution for payment providers seeking to adopt open banking capabilities rapidly.
Cardstream and Mastercard Partner to Advance Open Banking Payments in the UK
