A global fintech targets social groups that cross borders

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
8 March 2018

Consumer demands for instant, convenient cross-border payments are rising as more activities and jobs ignore national borders — but these benefits don't help if they don't extend to the user's social circle.

Multi-currency prepaid cards are a great way to avoid bank charges associated with international transactions, said Zil Bareisis, a senior analyst at Celent, noting they'll likely remain prepaid cards over debit. "I don't really see debit cards going multi-currency, unless the underlying account changes," he said.

click here to read more

News article details

Industry or Business Focus
Banking, Corporate Banking, Retail Banking
Media Type
Geographic Focus
EMEA, North America