19 October 2017
visit www.response.ncr.com

Ingotz launches pre-paid card in UK

25 November 2003  |  4080 views  |  0 Ingotz launches pre-paid card in UK

Internet payments firm Ingotz has launched a pre-paid payments card in the UK that can be used for anonymous shopping on the Web.

Using the UK for it's initial launch, Barbados-registered Ingotz has secured a distribution agreement with the Alphyra PayZone network, giving it access to 12,500 retail outlets across the UK for initial card purchase and top-ups.

All cards carry a 16-digit debit card style number across the front that can be used to make purchases at participating online merchants. The company has yet to release details of merchant partners.

Richard Newsome, commercial director of Ingotz UK, says: "In addition to the security concerns, Internet users want to shop anonymously, without having to provide an address or other personal details."

Newsome says Web users and the youth market have made online pre-payment cards a success.

The company expects over 100,000 cards to be in circulation in the UK by Christmas.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

MasterCard opens new fronts in contactless and pre-paid cards

MasterCard opens new fronts in contactless and pre-paid cards

18 November 2003  |  6278 views  |  0 comments
Pre-paid payments tipped for growth

Pre-paid payments tipped for growth

17 November 2003  |  6849 views  |  0 comments
America Online introduces pre-paid cash card

America Online introduces pre-paid cash card

22 July 2003  |  5709 views  |  0 comments
Parents prefer pre-paid plastic - Visa USA

Parents prefer pre-paid plastic - Visa USA

06 May 2003  |  5431 views  |  0 comments
Upaid and Visa team up for pilot SMS top-up service

Upaid and Visa team up for pilot SMS top-up service

18 February 2003  |  6003 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nl Register now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15786 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8945 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8041 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7140 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6281 views comments | 6 tweets | 3 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job