Mastercard<\/a>, to build a scalable, secure, and innovative payments-as-a-service infrastructure for partnering businesses. This milestone will enable myTU to process card payments directly through its own acquiring infrastructure, across e-commerce platforms, retail stores, and POS terminals.<\/p>\nSecuring and acquiring licensing from both main global payments providers marks a pivotal step in myTU\u2019s strategic growth and unlocks the ability to offer card acquiring services directly to its business clients.\u00a0 myTU\u2019s partnering businesses will be able to accept Mastercard and Visa payments both online and offline to streamline their transaction processes and operational flexibility. This is especially valuable for e-commerce and online retail, cross-border or international businesses, and high-volume retail.<\/p>\n
Being a principal member of Visa since 2023, myTU has now secured a new principal membership with Mastercard, affirming its strong compliance and due diligence standards. It reinforces myTU\u2019s position among leading global financial institutions while preserving the speed, flexibility, and innovation of a next-gen FinTech.<\/p>\n
Raman Korneu, Co-Founder and CEO of myTU<\/strong>: \u201cBecoming a direct acquiring partner of both Mastercard and Visa\u00a0 allows us to offer faster, more secure, and cost-effective payment services to our business clients. This is a key part of our strategy to evolve as a payments-as-a-service infrastructure provider for our\u00a0 business partners and\u00a0 empower their growth with the tools they need to manage and scale their payment operations efficiently.\u201d<\/p>\nmyTU has already signed agreements with processing centres, gateway providers, and key partners in preparation for the integration phase. With all agreements approved by regulatory bodies, the groundwork for a seamless rollout is firmly in place. The service is expected to launch in Q3 2025.<\/p>\n
Through these advancements, myTU continues to challenge traditional banking models in delivering high-speed, secure, and AI-powered financial services that meet the evolving needs of today\u2019s businesses.<\/p>\n","protected":false},"author":35621,"featured_media":568193,"parent":0,"template":"","categories":[11395],"tags":[11668,11402,21391,11846,11727,49935,11453,12204,11726],"class_list":["post-568192","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","tag-cross-border-payments","tag-cross-border","tag-fintech-news","tag-global-payments","tag-mastercard","tag-myut","tag-point-of-sale","tag-pos","tag-visa"],"acf":[],"yoast_head":"\n
myTU bags Visa, Mastercard licenses for direct card acquiring<\/title>\n<meta name=\"description\" content=\"The new service empowers myTU\u2019s business clients to accept Visa and Mastercard payments directly, streamlining operations\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"myTU bags Visa, Mastercard licenses for direct card acquiring\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/\" \/>\n<meta property=\"og:site_name\" content=\"IBS Intelligence\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-12T05:41:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"200\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@IBSIntelligence\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/\"},\"author\":{\"name\":\"Puja Sharma\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/0ab658b4f7162e060853216737c46557\"},\"headline\":\"myTU bags Visa, Mastercard licenses for direct card acquiring\",\"datePublished\":\"2025-05-12T05:38:27+00:00\",\"dateModified\":\"2025-05-12T05:41:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/\"},\"wordCount\":366,\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg\",\"keywords\":[\"Cross Border Payments\",\"Cross-Border\",\"Fintech news\",\"Global Payments\",\"Mastercard\",\"myUT\",\"Point of Sale\",\"POS\",\"VISA\"],\"articleSection\":[\"Analytics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/\",\"url\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/\",\"name\":\"myTU bags Visa, Mastercard licenses for direct card acquiring\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg\",\"datePublished\":\"2025-05-12T05:38:27+00:00\",\"dateModified\":\"2025-05-12T05:41:57+00:00\",\"description\":\"The new service empowers myTU\u2019s business clients to accept Visa and Mastercard payments directly, streamlining operations\",\"breadcrumb\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#primaryimage\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg\",\"width\":200,\"height\":200},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ibsintelligence.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"myTU bags Visa, Mastercard licenses for direct card acquiring\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ibsintelligence.com\/#website\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"name\":\"IBS Intelligence\",\"description\":\"Financial Technology News & FinTech Research\",\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ibsintelligence.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ibsintelligence.com\/#organization\",\"name\":\"IBS Intelligence\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"width\":299,\"height\":80,\"caption\":\"IBS Intelligence\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\",\"https:\/\/x.com\/IBSIntelligence\",\"https:\/\/www.instagram.com\/ibsintelligence\/\",\"https:\/\/www.linkedin.com\/company\/ibs-intelligence\/\",\"https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/0ab658b4f7162e060853216737c46557\",\"name\":\"Puja Sharma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/52cc919920005c5ef0aa20181fc9da98bc61a14c67ff7fc6884d1fee1ef66ce7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/52cc919920005c5ef0aa20181fc9da98bc61a14c67ff7fc6884d1fee1ef66ce7?s=96&d=mm&r=g\",\"caption\":\"Puja Sharma\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"myTU bags Visa, Mastercard licenses for direct card acquiring","description":"The new service empowers myTU\u2019s business clients to accept Visa and Mastercard payments directly, streamlining operations","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/","og_locale":"en_US","og_type":"article","og_title":"myTU bags Visa, Mastercard licenses for direct card acquiring","og_description":"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.","og_url":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/","og_site_name":"IBS Intelligence","article_publisher":"https:\/\/www.facebook.com\/ibsintelligence.cmc\/","article_modified_time":"2025-05-12T05:41:57+00:00","og_image":[{"width":200,"height":200,"url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@IBSIntelligence","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#article","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/"},"author":{"name":"Puja Sharma","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/0ab658b4f7162e060853216737c46557"},"headline":"myTU bags Visa, Mastercard licenses for direct card acquiring","datePublished":"2025-05-12T05:38:27+00:00","dateModified":"2025-05-12T05:41:57+00:00","mainEntityOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/"},"wordCount":366,"publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg","keywords":["Cross Border Payments","Cross-Border","Fintech news","Global Payments","Mastercard","myUT","Point of Sale","POS","VISA"],"articleSection":["Analytics"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/","url":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/","name":"myTU bags Visa, Mastercard licenses for direct card acquiring","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#primaryimage"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg","datePublished":"2025-05-12T05:38:27+00:00","dateModified":"2025-05-12T05:41:57+00:00","description":"The new service empowers myTU\u2019s business clients to accept Visa and Mastercard payments directly, streamlining operations","breadcrumb":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#primaryimage","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg","width":200,"height":200},{"@type":"BreadcrumbList","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/mytu-bags-visa-mastercard-licenses-for-direct-card-acquiring\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ibsintelligence.com\/"},{"@type":"ListItem","position":2,"name":"myTU bags Visa, Mastercard licenses for direct card acquiring"}]},{"@type":"WebSite","@id":"https:\/\/ibsintelligence.com\/#website","url":"https:\/\/ibsintelligence.com\/","name":"IBS Intelligence","description":"Financial Technology News & FinTech Research","publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibsintelligence.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibsintelligence.com\/#organization","name":"IBS Intelligence","url":"https:\/\/ibsintelligence.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","width":299,"height":80,"caption":"IBS Intelligence"},"image":{"@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ibsintelligence.cmc\/","https:\/\/x.com\/IBSIntelligence","https:\/\/www.instagram.com\/ibsintelligence\/","https:\/\/www.linkedin.com\/company\/ibs-intelligence\/","https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw"]},{"@type":"Person","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/0ab658b4f7162e060853216737c46557","name":"Puja Sharma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/52cc919920005c5ef0aa20181fc9da98bc61a14c67ff7fc6884d1fee1ef66ce7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/52cc919920005c5ef0aa20181fc9da98bc61a14c67ff7fc6884d1fee1ef66ce7?s=96&d=mm&r=g","caption":"Puja Sharma"}}]}},"_links":{"self":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news\/568192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news"}],"about":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/types\/ibsi_news"}],"author":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/users\/35621"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media\/568193"}],"wp:attachment":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media?parent=568192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/categories?post=568192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/tags?post=568192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"\"](\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2025\/05\/MyUT.jpg\")
<\/p>\n