Posted on 08/12/2014 at 11:25
Pockit.com selects Wirecard as their prepaid card issuer
All in one: Load, shop, top-up, cashback
Wirecard Card Solutions Limited, a Wirecard AG company, is card issuer of the new Pockit Prepaid MasterCard® programme, offered by Programme Manager Pockit Limited. The innovative “Pockit Prepaid MasterCard” enables customers to benefit from discounts and cashback offers from a range of service providers and retailers in the UK. In addition, the Pockit card be topped up- conveniently; online, at 37,000 different UK PayPoints and via debit card or BACS (Banks automated clearing system). Users can make use of their Pockit prepaid card at over 35 million locations and withdraw cash from over 1.9 million cash machines worldwide – wherever the MasterCard Acceptance Mark appears.
Pockit.com-CEO and Founder Virraj Jatania said: “We are very glad to work closely with Wirecard Card Solutions. Together, we have developed an innovative prepaid card programme with features that allow customers to take control of their spending.” Jatania continues, “It was our objective to create a smart, simple and rewarding way for people to manage their money whilst offering low fees and easy online management.” Pockit customers also benefit from the cashback-campaigns of up to ten percent with major retailers such as Marks & Spencer’s, B&Q, New Look and Halfords.” Pockit.com recently completed a first round of funding which has attracted a number of high profile investors including Sir Alex Ferguson and Mark Newton-Jones, CEO of Mothercare.
“We are highly experienced in issuing market-leading prepaid card products throughout Europe. With our valued partners we have been pioneering the use of consumer prepaid products for financial inclusion of individuals who do not have access to traditional banking methods. In the UK and throughout Europe we are seeing an increasing appetite for simple, transparent banking products and we were immediately impressed by the Pockit.com concept, especially with its embedded cashback facility which allows customers to be rewarded as they spend at some of the leading UK retailers”, said Tom Jennings, Managing Director of Wirecard Card Solutions.
Wirecard Card Solutions is a specialist for prepaid card issuance. The UK-based Company is authorised and regulated by the Financial Conduct Authority (FCA) and operates under its Electronic Money license with permissions to issue cards throughout the SEPA region. Wirecard Card Solutions accompanies its’ clients throughout all stages of their business development and offers a vast array of products, services and experience needed to take a new a prepaid card programme to market or to drive an existing prepaid card programme to the next Level.Download Press Release