Kalixa Group is further expanding its European footprint by making its Kalixa Pay prepaid card available in Austria. The company aims to simplify the way consumers, businesses and merchants make and accept payments by offering a cost effective contactless-enabled MasterCard with unique travel benefits. Kalixa Pay is already live in the UK, Germany and Italy and has more than 150,000 users.
Kalixa Pay is an e-wallet with a prepaid MasterCard that can be used with multiple devices such as mobile phones and tablets. The card draws funds directly from an e-wallet. It offers consumers one wallet and one way to pay, making payments simple, seamless and secure so users can pay with their wallet on the high street and online.
“From today consumers in Austria can enjoy the benefits of the best prepaid card on the market with fantastic travel advantages and sophisticated functionality including contactless and text notifications,” said Ed Chandler, CEO of Kalixa Group. “The launch of Kalixa Pay in Austria is a significant step in our ambitious growth plan as we continue to disrupt the global payments market with a range of products that help people to make and accept payments simply, seamlessly and securely. We will be rolling-out Kalixa Pay to new markets very soon as part of our on-going effort to push the boundaries of payments in Europe. Exciting times ahead!” concluded Chandler.
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.