Thredd Partners with Vault Payment Solutions for Mastercard Expansion

Vault Payment Solutions has chosen Thredd to support new card programs on Mastercard's global network. The Australian payments firm plans to roll out prepaid, debit, and private-label card products in Australia and the UK, using Thredd's full issuing and processing stack. Thredd's technical capabilities, global support model, flexibility, and local knowledge influenced the decision. The partnership aims to enable Vault to offer a varied mix of card products, including virtual and physical cards, as well as tokenization, fraud monitoring, and digital wallet connectivity.