The Cash Passport allows you to pre-load your travel money at millions of ATMs, shops and restaurants worldwide. For travellers, prepaid cards are a more secure alternative to the once-popular Travellers Cheque or large sums of cash.
“We develop innovative ways to make paying for travel a seamless experience, and the Cash Passport delivers a convenient, budget-friendly way for Canadians to manage their money while travelling locally or abroad. Canadians looking to get on the road should feel comfortable knowing their cash is stored securely on the prepaid Cash Passport,” said Tom McTague, VP, Prepaid at MasterCard Canada.
As the demand for immediate payments implementation grows in the United States, Iliad Solutions have identified one of the largest risks to face the payments industry over the next few years.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.