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The introduction of this new prepaid card in Brazil signifies a strategic relationship between Mastercard and AstroPay.
Users can instantly activate and use their prepaid cards free of charge and pay at merchants that accept Mastercard. The card also comes with benefits such as cashback and other perks available on the AstroPay platform. Users can use their physical card to pay in stores, withdraw money from ATMs, or use their virtual card to make online payments.
This global brand adds to AstroPay’s growing network of solutions offered to its customers.
Guillermo DottaAstroPay’s CTO and Chief Product Officer said: A solution for handling money in the safest and simplest way.
As we build a strong community of consumers, we are focused on continuing to innovate to adapt and streamline our payment solutions. thinking about.”
Thiago Diaz, Vice President, Fintechs and Enablers, Mastercard Latin America and Caribbean, said:
This is the second prepaid card Mastercard has released in the last three weeks.Malaysia based payment company Instapay partnered with In collaboration with Mastercard, we launched the Glyd prepaid corporate card for small businesses.
This prepaid card aims to help small businesses save time and money while better managing their finances. The company allows small businesses to receive virtual and physical prepaid corporate cards and distribute them to employees. This is achieved because access to the expense management portal is granted.
Small businesses can easily set spending budgets, define employee spending limits, and use cards to manage their overall budgets smarter.
By partnering with Mastercard, Instapay aims to promote financial inclusion and help small businesses expand their reach. As digital payments have become a way of life for millions of people and businesses around the world, local payment methods are expanding their portfolios and providing sufficient opportunities for small businesses to enhance their cash flow and offer secure fraud. It is important to address unbanked populations. – Free payment.
Francis Bignell
