Novatti Group Limited has launched its Visa issuing business after signing a new partnership with Decta Limited (Decta). To complete the launch of this business, Novatti has partnered with leading European payments processor, Decta Limited, to provide payment processing support, particularly leveraging its anti-fraud and pre-paid card management capabilities and experience. With these capabilities secured, Novatti and Decta will work together to develop this new business in the Asia-Pacific region. Novatti has already secured its first customer for this new business in United Currency Exchange, an Australian-regulated foreign currency exchange dealer, with plans to issue around 30,000 Visa cards. In providing its issuing services, Novatti received an establishment fee and will receive ongoing usage fees dependent on uptake and in line with the number of Visa cards issued and their rate of usage. The launch of Novatti's Visa issuing business will provide support to industries that require flexible but secure banking products, including fintech and neobank projects, retail chains and large membership organisations.