NymCard Partners with Gate to Pay for BaaS Card Issuing in Jordan

On August 18, 2021, NymCard announced a partnership with Gate to Pay, a Jordanian fintech, to power fast-track card issuing in Jordan's growing fintech ecosystem. NymCard provides its BaaS card issuing infrastructure, enabling Gate to Pay to offer customizable virtual and physical payment cards to its customers. The partnership allows fintechs in Jordan to rapidly deploy branded card products without building issuing infrastructure from scratch.

NymCard's platform handles the underlying card processing, compliance, and issuing capabilities. Gate to Pay benefits from reduced time-to-market and the ability to focus on its customer-facing product experience. The collaboration reflects growing BaaS adoption in the MENA region, where fintech ecosystems are expanding rapidly.

The partnership positions both companies to capture a larger share of the region's digital payments growth.