Orange has announced the launch of Orange Cash in Spain. The solution is a rechargeable prepaid card from MasterCard that can be used within smartphones or as a traditional payment card.
As a result, consumers will be able to make online payments in a safe way and send money to the mobile phones of other Orange Cash users for free. Using the traditional prepaid card consumers will also be enabled to pay any merchant or withdraw cash at MasterCard ATMs worldwide.
Use of Orange Cash does not require a bank account, and it works with all the telephone numbers of every Spanish carrier. The mobile app is compatible with mobile phones on both Android and Apple iOS operating systems.
With the solution being made contactless, users can make tap and go payments at nearly two million contactless-enabled merchant locations in 63 countries around the world. To pay at merchant locations that are not contactless-enabled, the card also maintains the option of payment using the EMV chip or the magnetic stripe.
“With this launch we keep adapting ourselves to the preferences and needs of Spanish consumers, who live in a more digital way every day. Now consumers pay and make their purchases in a way that better fits with their needs and from any available device. Orange Cash is another step within our efforts to introduce innovative payment solutions in our country and to answer to this new reality,” stated Ovidio Egido, country manager for MasterCard Spain.
Whitepapers
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