To address the growing market for prepaid products and mobile financial services in the Asia Pacific region, i2c, Inc., a provider of payment processing and emerging commerce solutions, today announced the opening of its Singapore office. Located at One Raffles Place, the office will house product, client services and business development staff.
i2c's solutions are redefining what's possible in prepaid, debit, credit and emerging commerce by offering a single global processing platform with integrated mobile and loyalty capabilities. Issuers looking to launch travel, virtual, mobile, corporate and government prepaid products in the Asia Pacific region are working with i2c to get to market quickly with differentiated programs. With programs in market in Japan, China, the Philippines and Australia and new clients coming on board across the region, Asia Pacific is a key growth area for i2c.
"With our client base in the Asia Pacific region growing amidst a backdrop of rapidly expanding consumer demand for flexible prepaid and mobile financial solutions, it makes sense for us to invest in the region," says Scott Salmon, general manager, International, at i2c. "With feet on the ground in Singapore, we look forward to working closely with clients and partners in the region to create solutions tailored to local market needs."
The office also provides i2c with a physical presence from which it will support its strategic alliance with Visa in the region. The companies announced in November 2013 a formal alliance to support prepaid market growth in a number of global markets, including Asia Pacific, Central Europe, the Middle East and Africa.