16 July 2018
Register today

Starling makes first debit card payment

10 October 2016  |  8879 views  |  2 Credit card

UK challenger bank Starling has completed its first live card payments ahead of its launch in January 2017.

Starling is partnering with MasterCard to issue fully functioning contactless debit cards to accompany its mobile banking app. The app will connect what is spent on the card with predictive insights, financial wellness, and money management tools.

Julian Sawyer, COO of Starling Bank, says: "Partnering with Mastercard for our debit card means our customers will be able to use this to complement our full set of banking features - including direct access to Faster Payments, direct debit, and overdrafts - in a secure and convenient way."
Sawyer emphasises that the fledgeling bank is still in the earliest phases of testing its cards, describing the development as a "huge step" for Starling.

"We have the licence, the technology, and now the card," he says. "All that’s left is to bring you the app.”

Comments: (2)

A Finextra member
A Finextra member 10 October, 2016, 16:48

I wish I could get a finextra story for managing to get a test transaction through my card platform!

2 thumb ups! 2 thumb ups!
Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune 11 October, 2016, 15:36

I'm guessing lot of banks used to make such announcements in the '1950s! But I concede that it's a giant leap for Starling, even if it's only a small step for banking!!

Be the first to give this comment the thumbs up 0 thumb ups!
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

MyBnk the beneficiary of Starling prank on Monzo

MyBnk the beneficiary of Starling prank on Monzo

08 September 2016  |  6953 views  |  2 comments | 8 tweets | 1 linkedin
Starling Bank secures banking license; to launch in January 2017

Starling Bank secures banking license; to launch in January 2017

14 July 2016  |  12289 views  |  1 comments | 18 tweets | 13 linkedin
Starling loses another co-founder and CTO

Starling loses another co-founder and CTO

29 June 2016  |  7437 views  |  0 comments | 6 tweets | 8 linkedin
Starling flight plans rocked by executive departures

Starling flight plans rocked by executive departures

24 February 2015  |  10074 views  |  0 comments | 8 tweets | 2 linkedin
Former AIB COO to launch UK digital bank

Former AIB COO to launch UK digital bank

20 November 2014  |  22167 views  |  1 comments | 17 tweets | 14 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.aciworldwide.comVisit https://secure.vasco.comVisit http://go.jumio.com/finextraAd

Who is commenting?

Top topics

Most viewed Most shared
Handelsbanken trials micro contactless cardsHandelsbanken trials micro contactless car...
9781 views comments | 18 tweets | 30 linkedin
Championing financial inclusion and helping the UnstoppablesChampioning financial inclusion and helpin...
8329 views comments | 3 tweets | 1 linkedin
PayPal ready to spend $3bn a year on acquisitionsPayPal ready to spend $3bn a year on acqui...
8223 views comments | 13 tweets | 17 linkedin
No greater change will occur than that in financial servicesNo greater change will occur than that in...
7807 views comments | 7 tweets | 13 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
7706 views comments | 6 tweets | 14 linkedin

Featured job

Competitive base, double ote, benefits
New York City, NY - USA

Find your next job