Europe Net, a subsidiary of ADAC Truck Service has partnered with Wirecard to offer the Europe Net Service Card. The new prepaid card can be used for breakdown and workshop services as well as at domestic and international petrol stations. Fleet managers can top up their balance in real time, allowing professional drivers to make…
Sweden’s Seamless reports SEQR customers in the UK are now able to quickly and simply link their bank account to the SEQR app and make payments directly from their bank account. Until now UK customers have enjoyed the benefits of the SEQR pre paid account functionality, however enabling customers to connect their bank account opens…
Prepaid cards are hot as ever among low income consumers, tech savvy Millennials, and those who are unbanked or underbanked. Giving credit to where credit is due, PayPal with its prepaid card is one of the chief industry players responsible for bridging the gap between prepaid cards as a niche commodity and the medium’s growing…
New research shows consumers relying on mobile devices or computers to store their personal data, the use of egifts—digital gift cards delivered to recipients via email, social media or text message and that are redeemable in-store, online or via mobile devices—is growing. The research by Blackhawk Network, a pioneer of prepaid gift cards, payment tools…
CoreCard Software has added three new features designed to increase the ease of use and marketability for clients providing prepaid solutions to community banks and credit unions. The features include: multiple card sales with receipt, reseller hierarchy and floating teller/user support across multiple bank branches. CoreCard’s processing solution now includes the following features and benefits.…
Seamless secures has inked an order in the Americas MSEK 5. It is the first order in the Americas. A telecommunications operator has placed an order to purchase the ERS360 transaction platform, which handles the electronic top-up of prepaid accounts for mobile phones. In the first phase, the order value will correspond to MSEK 5.…
In Other News: CITI (Prepaid); FISERV (Panin); MOBEEWAVE (ADG); and ICI (report). CITI – Citigroup has reached a definitive agreement to sell its institutional Prepaid Card Services to Wirecard. The operations of Prepaid Card Services, including its approximately 120 employees, will be transferred to Wirecard upon closing. FISERV – Fiserv announced that Panin Bank, one…
Prepaid card king Green Dot has ankled William Jacobs as Chairman of the Board of Directors. Jacobs has served as the Chairman of the Board of Directors of Global Payments, a payment processing services company, since June 2014. Jacobs also served as Lead Independent Director of that company and as one of its business advisors…
Visa Digital Commerce App has unveiled an issuer-branded mobile commerce solution enabling financial institutions to offer their own mobile app to customers with valuable card management services – ultimately expanding and strengthening their Visa credit, debit and prepaid card offerings. The new Visa Digital Commerce App enables issuers to offer services such as real-time account…
JCB has inked a license agreement for issuing prepaid cards for abroad (electronic travel checks) with Ctrip Financial Service (Hong Kong) Limited, which is the first online travel agency in China. Ctrip operates websites and apps and provides online reservation services mainly in China for travel related products such as hotel, airline tickets and railway…
MN-based TCF Bank has rolled-out the ZEO prepaid card along with a suite of special cash services for consumers. ZEO’s products and services include a prepaid debit card, check cashing, a savings account, money orders, along with Western Union money transfers and bill payment services. The new ZEO products is available in all 342 TCF…
The new Green Dot Money, an online marketplace seeks to match low and moderate income consumers with a curated set of lending partners that specialize in serving low and moderate income Americans. The loans are made by third party lenders who are members of the marketplace. Green Dot does not use its balance sheet to…