Byte Orbit taps Paymentology for SME spending platform

Byte Orbit has selected Paymentology to provide the card-issuing and payment-processing infrastructure for its spending management platform for small and medium-sized enterprises (SMEs).

The platform is designed to help SMEs manage business spending. Byte Orbit will use Paymentology’s technology as part of its service for these businesses.

Paymentology provides payment-card technology to banks, fintech companies and other card issuers. The companies did not disclose the financial terms of the agreement or provide a launch date for the service.