13 February 2016

MasterCard, WebMoney and Credit Saison launch prepaid card in Japan

29 May 2014  |  2402 views  |  0 Source: MasterCard

MasterCard, WebMoney Corporation and Credit Saison Co., Ltd. on May 14 announced the launch of the WebMoneyCard, the first MasterCard-branded prepaid card issued in Japan.

The WebMoneyCard can be used both online and at physical merchants that accept WebMoney or MasterCard payment cards.

With the WebMoneyCard, cardholders can make payments at approximately 38.1 million MasterCard acceptance locations[1] in more than 210 countries worldwide. The card can be used for diverse everyday purchases, ranging from apps to payment at restaurants, cafes and convenience stores.

WebMoneyCard, which is obtainable without credit evaluation, ensures that cardholders can shop with ease, knowing that their spending will always remain within pre-loaded amounts.

A smartphone app, WebMoney Card Case, was concurrently launched to enable cardholders to view their card balance and to reload funds online. The app also simplifies reissuance in the event of card loss.

WebMoney is issuing the WebMoneyCard under a MasterCard license owned by Credit Saison. Credit Saison is responsible for card issuance, management of MasterCard transaction data, and management of merchant accounts. This is the first international-brand prepaid card to use this kind of system in Japan.

MasterCard looks forward to continued collaboration with WebMoney and Credit Saison in providing safe, convenient and rewarding payment solutions.

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
UK sets out open banking API frameworkUK sets out open banking API framework
15944 views comments | 102 tweets | 89 linkedin
Deutsche Bank calls for co-operation with fintech firms on B2B servicesDeutsche Bank calls for co-operation with...
8812 views comments | 29 tweets | 30 linkedin
How to accelerate your fintech startupHow to accelerate your fintech startup
8462 views comments | 35 tweets | 9 linkedin
Is Paym a failure?Is Paym a failure?
7057 views 16 comments | 23 tweets | 16 linkedin
Visa issues API to offer consumer control over card transactionsVisa issues API to offer consumer control...
6461 views comments | 17 tweets | 28 linkedin

Featured job

Find your next job