<s>
WiPay	B-Application
is	O
a	O
Caribbean-based	O
payment	O
facilitation	O
company	O
that	O
provides	O
the	O
infrastructure	O
necessary	O
for	O
sub-merchants	O
to	O
begin	O
accepting	O
credit	O
card	O
payments	O
.	O
</s>
<s>
In	O
September	O
2019	O
,	O
MasterCard	O
announced	O
its	O
partnership	O
with	O
WiPay	B-Application
to	O
advance	O
electronic	O
payments	O
across	O
the	O
Caribbean	O
.	O
</s>
<s>
As	O
a	O
MasterCard	O
Principal	O
Partner	O
,	O
Wipay	B-Application
is	O
also	O
the	O
Caribbean	O
's	O
only	O
licensed	O
Payment	O
Facilitator	O
(	O
PAYFAC	O
)	O
on	O
both	O
MasterCard	O
and	O
Visa	O
Networks	O
.	O
</s>
<s>
WiPay	B-Application
offers	O
Credit	O
Card	O
Processing	O
,	O
Website	O
Plugins	O
through	O
application	B-Application
programming	I-Application
interfaces	I-Application
(	O
APIs	B-Application
)	O
,	O
Peer-to-Peer	O
Transfers	O
,	O
Remittances	O
,	O
Bill	O
Payments	O
,	O
and	O
Government	O
Services	O
.	O
</s>
<s>
WiPay	B-Application
was	O
founded	O
in	O
2017	O
by	O
Trinidadian	O
businessman	O
Aldwyn	O
Wayne	O
,	O
who	O
created	O
an	O
online	O
payment	O
solution	O
for	O
Caribbean	O
users	O
.	O
</s>
<s>
WiPay	B-Application
,	O
Aldwyn	O
Wayne	O
,	O
and	O
Ted	O
Lucas	O
,	O
CEO	O
of	O
Slip-n-Slide	O
Records	O
,	O
are	O
the	O
majority	O
shareholders	O
of	O
Colour	O
Bank	O
which	O
has	O
a	O
market	O
value	O
of	O
US$75	O
Million	O
.	O
</s>
<s>
In	O
October	O
2019	O
Republic	O
Bank	O
acquired	O
a	O
19.99	O
%	O
stake	O
in	O
Nobis	O
Baas	O
Ltd	O
,	O
a	O
subsidiary	O
of	O
WiPay	B-Application
Holdings	O
Limited	O
,	O
for	O
US$10	O
Million	O
.	O
</s>
<s>
In	O
February	O
2020	O
,	O
WiPay	B-Application
acquired	O
a	O
partnership	O
stake	O
in	O
South	O
Florida-based	O
,	O
Caribshopper	O
.	O
</s>
