Global issuer-processor Paymentology has recently introduced PayoCard, a mobile-first card management platform designed to support digital banks and fintech companies in South Africa.

PayoCard’s features and benefits

Enabled by Paymentology’s cloud-based infrastructure, PayoCard offers a seamless, self-service experience for card management. This includes real-time balance updates, PIN resets, card freezes, and in-app support, all accessible through a single mobile interface. The platform also aims to enhance the adoption of digital financial services among underserved customers, providing an intuitive app that simplifies everyday transactions and advanced financial product management.

For both banks and fintech companies, PayoCard streamlines the card issuing process with minimal complexity, supporting rapid deployment, integration with existing systems, and full PCI DSS compliance. Self-service tools included in the solution help reduce support team workload, lower operational costs, and meet customer expectations more effectively.

Cardholders can manage their cards directly from their phones using PayoCard, checking balances, updating settings, or accessing support as needed.

The launch of PayoCard comes after Paymentology’s ongoing expansion in South Africa. The company has relocated its regional headquarters to Sandton, Johannesburg, and is scaling local partnerships. Currently, Paymentology supports card programs for institutions such as Standard Bank, Old Mutual Bank, Mukuru, Altech, Adumo, Liberty Group, and Tyme. In March 2025, Paymentology partnered with Mastercard to enhance financial inclusion efforts in the country through expertise, infrastructure, and rapid go-to-market capabilities.