MatchMove launches Lightspeed that enables businesses to launch their own customized payment app within minutes

MatchMove, one of the world’s fastest-growing FinTech companies in South East Asia in the digital payments and next-generation banking space, has announced the launch of MatchMove Lightspeed^TM – a one-of-a-kind-solution that enables businesses to build their own customized digital payment app within minutes. Additionally, enterprises can instantly issue virtual cards and physical cards powered by Visa, Mastercard, and Rupay to their users within 3 business days. These virtual cards and physical cards are accepted at all payment touchpoints.

Designed to enable fast, secure and seamless payments, MatchMove Lightspeed^TM comes with a fully automated framework for fund management, reconciliation, and settlement. This self-service dashboard allows customers to effortlessly manage all aspects of their payment operations. Businesses can also choose to integrate MatchMove Lightspeed^TM into their existing apps to enhance the user experience.

Speaking on the launch, Kumar Srinivasan, Chief Executive Officer of MatchMove Dynamic, said, “MatchMove’s solutions have helped numerous enterprises across industries to automate, digitize and secure their payments. Our latest offering, MatchMove Lightspeed^TM, as the name suggests, comes with faster and updated features. This ground-breaking product will allow businesses to launch tailor-made payment apps that specifically cater to their requirements. We have also added the option of customizable integrations to offer greater flexibility.” Already live in India, MatchMove Lightspeed^TM will be launched in Singapore and the Philippines in the coming quarters.

Some of the top features of MatchMove Lightspeed^TM include:

• Interoperable, open-loop solution

The open-loop prepaid card makes the digital wallets interoperable. Customers can use MatchMove to Spend, Send and Lend^TM money anywhere, anytime.

• Secure

Users can define their daily payment and withdrawal limits, instantly block lost cards, reset the ATM PIN, and enable or disable payments.

• Multi-pouch wallets

The easy-to-configure multi-pouch wallets allow users to define their spend limits within each merchant category. This particular feature helps in efficiently managing the expenses.

• Easy top-up

There are multiple easy fund-loading options available, including both online payment gateways and offline top-up options.

• Instant push notifications

MatchMove Lightspeed^TM will send instant push notification to users after any type of account activity, ensuring better control and protection of their account.

• QR code payments

Open, Scan, Confirm and Pay – users can make seamless and secure payments by simply scanning a QR code.

MatchMove has established itself as one of the forerunners in the ongoing global fin-tech revolution by implementing the most innovative technology, best business strategies, and aggressive marketing to high potential clients. Its proprietary Banking Wallet OS^TM enables Banking-as-a-Service (BaaS) and offers the ability to Spend, Send and Lend^TM within any app.

About MatchMove

MatchMove is one of the world’s fastest-growing and most disruptive FinTech companies in digital payments and next-generation banking. MatchMove’s proprietary Banking Wallet OS^TM enables ‘Banking As A Service’ and the capabilities of Spend, Send and Lend ^TM within any app. The platform empowers businesses and their customers to Spend both online and offline easily and safely, via instantly issued prepaid cards on major card networks. Its Send capabilities include P2P domestic transfers, cross-border remittances, P2M and mass disbursements to global recipients. MatchMove platform further extends to Lend, where credit scores are assigned based on customers’ spending and sending patterns to offer customized lending solutions.

MatchMove is licensed by the Monetary Authority of Singapore and authorized by leading card networks to issue virtual and physical cards directly to users in approved jurisdictions, or anywhere else in the world with partner banks. The company has been recognized with international awards for being a promising and innovative organization, as well as for being a preferred employer. MatchMove is headquartered in Singapore with offices in India, Indonesia, Vietnam, and The Philippines.