The partnership between Mastercard and Lusis Payments expands the reach of Mastercard’s services.
Mastercard has teamed up with Lusis Payments, a global provider of payments software and technology, to offer a range of Mastercard specialist services to issuers, processors, and other payment technology providers through a single API connection. The partnership is aimed at simplifying access to Mastercard’s solutions for Lusis customers who want to onboard services with a simple integration. The Mastercard Direct Services Access (DSA) provides a single connection point to a wide range of value-added services, applied digitally across the payment ecosystem.
With the increasing complexity of the payments landscape and heightened fraud risks, payment providers face several challenges in delivering secure and efficient payment solutions. The Mastercard DSA solution addresses these challenges by providing a more efficient way to adopt and scale market-leading payment services with reduced time to market, simplified contracting, and technology support from Lusis. This means that customers can access Mastercard’s services through an API with swift and seamless integration, enabling them to focus on their core business operations while relying on the expertise of Mastercard and Lusis for their payments technology solutions.
The suite of Mastercard services offered through the partnership includes Safety Net, which provides network level protection against large-scale fraud attacks, Decision Intelligence, a real-time authorization decisioning solution, and Mastercard Digital Enablement Services offering access to advanced Mobile Wallet and Cryptogram payment technology. These services can be applied beyond card-based payments and across all transaction types, both on and off the Mastercard network, offering Lusis customers access to the same trusted Mastercard services that they have traditionally only seen on Mastercard processed transactions, but through the consistency of their existing payments infrastructure.
The Mastercard DSA and associated services are currently available to customers utilizing the Lusis Tango payments suite. Leading banks around the world rely on Lusis to deliver their payments strategies, and the partnership with Mastercard highlights their shared vision for making payments faster, smoother, and more secure, built on strong, long-term relationships with their customers. By partnering with Lusis, Mastercard is also expanding its reach to more customers globally, offering innovative solutions to meet their specific payment needs.
“As the digital economy expands and the payments landscape evolves, our ambition is to reduce integration complexity to instill trust in every interaction,” said Kaushik Gopal, Executive Vice President, Cyber & Intelligence at Mastercard. “This partnership underscores our commitment to making access to our suite of solutions more seamless and secure for our customers globally.”
In conclusion, the partnership between Mastercard and Lusis Payments represents a significant step towards simplifying access to Mastercard’s specialist services for issuers, processors, and other payment technology providers. By offering a single API connection to Mastercard’s suite of services, the partnership streamlines the integration process, reduces time to market, and provides customers with swift and seamless access to market-leading payment services.
Chintan is the Founder and Editor of Loyalty & Customers.
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