Carta Worldwide, a global provider of prepaid and mobile payments processing, has announced the launch of the new single Gold MoneySafe prepaid MasterCard with United Card Services (“UCS”) in the burgeoning consumer prepaid markets of Greece and Cyprus. UCS, a leading prepaid and voucher services Programme Manager has issued MoneySafe prepaid MasterCard to streamline retail, corporate and online consumer payments, leveraging the benefits of Carta’s turnkey multicurrency prepaid application and platform.
Carta’s platform enables UCS to deliver faster time to market for innovative prepaid MasterCard products and support turn-key payment solutions for future product enhancements.
The agreement stems from UCS’s desire to continually deliver new and innovative prepaid card solutions to consumers in Greece, Cyprus and other European countries, enabling faster expansion into new markets. Additionally, UCS provides full Programme Management development and support for white label solutions of MoneySafe card and e-voucher solutions enabling distribution of their products and services to major clients.
UCS Chief Operations Officer, Georgios Panagiotou commented: “We have selected Carta’s prepaid processing platform based on their ability to manage innovative, multicurrency prepaid card programmes in tight delivery timeframes, and their high standards of customer support and project management during the implementation process.”
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.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.