01 August 2015

i2c and KargoCard in Chinese pre-paid alliance

30 May 2012  |  1589 views  |  0 Source: i2c

i2c, Inc., a payment processing technology company, and KargoCard, a Shanghai-based prepaid service provider, have partnered to deliver prepaid, mobile payment and loyalty solutions to merchants in China.

"KargoCard is an established leader in their market with a rapidly growing distribution network, strong management team and an impressive client list," said Amir Wain, CEO of i2c. "Their drive to revolutionize the Chinese payments industry aligns perfectly with i2c's commitment to bring innovation to global payments."

In a recent report by Mercator Advisory Group, China was estimated to be the world's largest prepaid market in terms of market potential. With several high-profile clients like Beard Papa, Happy Lemon and Cloud Nine, KargoCard is set to grow exponentially in this market. To support KargoCard and i2c's growing presence in the Asia-Pacific region, i2c is building out a new data center in Shanghai.

"Our tremendous growth and aggressive expansion plans require an established processing platform that offers superior flexibility and scalability. i2c's platform provides this, as well as a rich feature set that will allow us to better serve our customers," said KargoCard CEO David Suzuki.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Top topics

Most viewed Most shared
ING Bank introduces voice-activated mobile...
8422 views comments | 26 tweets | 29 linkedin
Will Uber be the Uber of banking?
6758 views comments | 39 tweets | 29 linkedin
Payments and capital markets sectors domin...
5898 views comments | 16 tweets | 17 linkedin
Singapore hires Citi veteran to lead new f...
5572 views comments | 13 tweets | 5 linkedin
Stripe lands new funding; signs deal with...
5432 views comments | 16 tweets | 18 linkedin

Featured job

to £90K base, double OTE, share options
London, UK

Find your next job