PsiPay launches Prepaid Debit MasterCard®

8 July 2009

EcoCard, a brand of PSI-Pay Ltd, launches a physical pre-paid MasterCard product enabling EcoCard account holders to make purchases wherever the MasterCard brand is accepted at many thousands of on-line retailers and in stores world-wide. The card may also be used to withdraw cash at more than a million ATM’s in 210 countries.

This is a major step in the Company's strategy to ensure that its payment brands are readily accepted everywhere.

The card is issued by Newcastle Building Society, and utilises the acclaimed Metavante issuing platform. It allows EcoCard account holders to spend or withdraw money directly from their EcoCard accounts.

You can find out more about this product and learn how to apply for the card at https://www.ecocard.com/PMCPromoPage.aspx.

 

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The PsiPay platform

At the heart of our offer is a suite of  products consisting of a virtual current account; a rules based fraud detection engine; a flexible use debit card and a virtual Mastercard.

Learn more about the PsiPay platform

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PsiPay is authorised by the Financial Services Authority as a specialised electronic money issuer.

Visit www.fsa.gov.uk