Green Dot and Walmart Expand Walmart MoneyCard Portfolio

Green Dot Corporation and Walmart announced they have expanded the line of Walmart MoneyCard® reloadable prepaid debit cards to include six new card types designed to meet the needs of their growing customer base. Issued by Green Dot, the Walmart prepaid debit card portfolio now includes nine cards, and is available in more than 4,100 Walmart

FNB Card Payments Overtake ATM Cash Withdrawals

FNB reports that monthly non-cash purchases by customers in its Consumer Segment have surpassed cash withdrawals at its ATMs by R800m. The dominance of card over cash is very new in the financial services sector. Two years ago, FNB Consumer Segment customers withdrew R1.3bn more in cash than the value of card purchases. Across the

NextWorth Announces New Payment Option

NextWorth, a leader in consumer electronics upgrades and trade-ins, announces a new payment method for its customers – the NextWorth Discover® prepaid card. A first in the electronics trade-in industry, the NextWorth prepaid card adds another convenient payment method to the NextWorth platform and can be used everywhere Discover is accepted. Now, when customers trade-in

EMP and MasterCard Offer Solution to Small Issuers in Egypt

In line with its commitment to enhance electronic payment card penetration in Egypt, MasterCard announced the appointment of Emerging Markets Payments (EMP), the leading electronic payments processing company in the Middle East and Africa region, as a Principal Member in Egypt. Through this, EMP will be able to sponsor issuers in Egypt and other African

Western Union Launches Prepaid Card with Lottomatica and MasterCard in Italy

The Western Union Company, a leader in global payment services, together with Lottomatica and MasterCard announced the launch of the My WU® reloadable prepaid card in Italy. Lottomatica, the brand through which GTECH S.p.A operates in Italy, is one of the most trusted and well-known brands in Italy, is the first company in Europe to

Nakumatt Collaborates with MasterCard to Launch new Card to Over One Million Customers

Leading Regional East African retail chain Nakumatt Holdings Limited today launched the Nakumatt Global Prepaid MasterCard card, in partnership with Kenya Commercial Bank and Diamond Trust Bank. The new card, which is EMV compliant, replaces the current Nakumatt Cybercash loyalty smartcard and provides a range of enhanced benefits and security features. With the multicurrency Nakumatt

MasterCard and Parkeon Announce Global Couponing Partnership

MasterCard is announcing an exclusive, global partnership with the world’s leading parking services provider, Parkeon, to enable shoppers to benefit from local merchant offers and loyalty services through their global network of smart parking terminals. This unique couponing platform, developed by MasterCard, will enable the delivery of offers from locally relevant retailers directly to shoppers

MasterCard and CB Bank Announce First Prepaid Travel Card in Myanmar

One year on from the easing of US sanctions in Myanmar, MasterCard and CB Bank have announced their first payment product in the country – a prepaid travel card for locals called the CB Bank EASI Travel Prepaid MasterCard card. The reloadable prepaid card will be made available to Myanmar residents for when they travel

FIS Global Partners with ARM Insight to Provide BI to Prepaid Card Issuers

ARM Insight, Inc., a provider of transactional analytics and business intelligence for the prepaid debit card industry, announced that it has signed a reseller agreement with FIS Global. The reseller agreement allows FIS Global to market ARM’s Prepaid Management Platform (PMP), to bring advanced analytics capabilities to banks and other financial institutions on its FIS

MasterCard debuts Priceless Africa in Nigeria

MasterCard has announced the launch of the Priceless Africa campaign in Nigeria, a part of the global Priceless Cities campaign; that aims to reward consumers in Nigeria for their loyalty and to enhance their journey towards embracing cashless transactions. Nigeria will be joining the current 26 MasterCard Priceless destinations across the globe, as consumers get