Prolaz, the B2B FinTech company modernizing payment acceptance across Europe, announced today that it has added Transcard Financial Services as its fifth issuing bank partner in Bulgaria. This development further strengthens Prolaz’s local network, enhancing the company’s ability to deliver smarter, faster, and more profitable payment acceptance solutions for banks and merchants.
The addition of Transcard Financial Services provides greater payment choice and improved flexibility for merchants using Prolaz’s PCI-DSS certified gateway. The intelligent switching technology enables real-time transaction routing that helps retailers reduce processing fees while allowing banks to access higher transaction volumes at lower operating costs.
“This is another important step as we continue to build strong partnerships with leading financial institutions in Bulgaria” said Danail Petkov, Chief Financial Officer of Prolaz. “By adding Transcard Financial Services to our network, we are offering our partners even more ways to capture savings, improve efficiency, and deliver better customer experiences through smarter payment infrastructure.”
The expanded network aligns with Prolaz’s mission to redefine the economics of acquiring and issuing by combining intelligent technology with deep local connectivity. The company’s platform helps banks and retailers modernize the payment value chain and drive stronger unit economics across the region.
