PhotonPay, an AI-powered financial infrastructure platform, has entered a strategic partnership with Thredd, a global payments processor, to enhance the underlying issuer processing architecture of PhotonPay Card globally.
Thredd’s support for PhotonPay includes BIN management, real-time processing capabilities, and the integration of tokenization features such as Apple Pay and Google Pay. This collaboration is designed to strengthen PhotonPay’s capacity to deploy card services at scale across major global markets.
The partnership aims to refine PhotonPay’s card product offerings, which will now encompass advanced card expense controls, faster settlement routing, and tokenized payments. These enhancements are intended to provide customers with a more secure, streamlined, and flexible payment experience across both virtual and physical cards. Utilizing Thredd’s modular technology, PhotonPay expects to expand the reach of its card solutions while ensuring local regulatory alignment and improving operational efficiency.
Lewison Chen, Founder and CEO of PhotonPay, stated, “Thredd’s technical flexibility and regional expertise have been instrumental in helping us optimize the infrastructure behind PhotonPay Card. We’re excited to deepen this partnership as we continue to deliver smarter global payment solutions to our customers.”
Jim McCarthy, CEO of Thredd, commented, “PhotonPay is building a next-generation digital payments network, and Thredd is proud to support the technology layer that underpins that growth. We look forward to enabling greater product agility and faster regional expansion for PhotonPay’s card offerings.”
PhotonPay, founded in 2015, is an AI-powered financial infrastructure platform. The company supports over 10 global offices and operations in more than 230 countries and regions. It serves over 200,000 businesses worldwide, offering solutions including accounts, card issuing, domestic and international payments, and embedded finance. PhotonPay maintains licenses and compliance coverage across strategic regions, aiming to accelerate product development, enhance operational efficiency, and drive sustainable growth for its clients.
Thredd operates as a payments processing partner specializing in modernizing payment offerings globally. The company processes billions of debit, prepaid, and credit transactions annually for over 100 fintechs, digital banks, and embedded finance providers, ranging from consumer to corporate clients across 47 countries.
