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myTU Secures Visa and Mastercard Acquiring Licenses to Expand Payments Infrastructure - Fintech in Baltic

Summary by Fintech in Baltic
myTU, a fully automated, AI-native, and cloud-first digital bank, has been granted acquiring licenses from both Visa and Mastercard. This significant development supports its ongoing mission to establish a scalable, secure, and innovative payments-as-a-service (PaaS) infrastructure for its business partners. With these licenses, myTU will be able to process card payments directly via its own acquiring infrastructure, enabling seamless transactio…
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Fintech in Baltic broke the news in on Thursday, May 8, 2025.
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