PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Hong Kong-based Transact24 to Launch Prepaid Cards in Europe

By Mercator Advisory Group
June 15, 2011
in Analysts Coverage
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Hong Kong-based company Transact24 is going to launch three prepaid products in Europe, according to FIS who will provide the processing.

Founded in Hong Kong in 2006, Transact24 is focused on becoming a premier Internet Payment Service Provider (iPSP) for the emerging markets in Asia and the Southern hemisphere. The company now has additional operational and technical centres in Zuhai (China), South Africa, Singapore and Gibraltar as well as registered satellite offices in Australia, Austria, UK, Indonesia, Macau and the U.S.

FIS is supporting the phased roll-out from Europe of three new Transact24 global prepaid card products. All three Visa®-branded cards will be launched in July. The T24 Black card is aimed at high net worth individuals; the T24 BlackShield is a travel protection and services card; and the T24 PayVault is a payroll/pay-out card. Transact24 believes each product will offer significant benefits to the cardholders, including a robust user-friendly system and reduced support requirements, resulting in the highest level of customer service.

Europe is the world’s largest regional market for prepaid card products and services, according to Mercator’s Global Prepaid Market Potentials report, which was published earlier this month. The top 15 European markets combined to represent US$716.8 billion market potential for prepaid cards in 14 segments in 2009, Mercator’s study shows. The top prepaid market segments in Europe include government (social security & welfare), store cards, prepaid mobile, benefits, transit, and open money. Find out more about the global prepaid market potential here: Global Prepaid Markets Potential 2011 Update.

To learn more about Transact24 please visit there website at www.t24blackcard.com & www.transact24.com

Read more about the Transact24 story here: http://fis.mediaroom.com/index.php?s=43&item=781

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: Prepaid

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    Making Real-Time Payments a Reality

    Fulfilling the Promise: Making Real-Time Payments a Reality

    July 10, 2025
    mortgage

    The Rich Benefits of In-House Payment Systems

    July 9, 2025
    digital cards

    Beyond Plastic: Why Digital Cards Are the Future

    July 8, 2025
    What Premium Card Overhauls by Chase and Amex Reveal About the Credit Card Market

    What Premium Card Overhauls by Chase and Amex Reveal About the Credit Card Market

    July 7, 2025
    Rewire Acquires Imagen, Looking at Prepaid Cards for Migrant Workers

    Smells Like Team Spirit: What Makes Cobranded Credit Cards Work

    July 3, 2025
    uk banking outages

    New Continuous Strategies for Battling Account Takeovers

    July 2, 2025
    Fraud Monitoring

    What to Expect When Nacha’s Fraud Monitoring Rules Take Effect

    July 1, 2025
    payments

    Don’t Just React to What’s Next in Payments—Anticipate It

    June 30, 2025

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result