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 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.