NovoPayment announced today that it has been granted a Principal Member license by MasterCard Worldwide for the issuance of MasterCard prepaid cards in the region, making it MasterCard’s first non-traditional institution in Latin America to receive the designation.
NovoPayment announced today the launch of two corporate prepaid cards in Peru via its subsidiary Servitebca Peru, a joint venture between the company and Interbank Group.
NovoPayment today announced its regional forecast for prepaid general-purpose reloadable mobile and utilities cards in which it estimated a potential market of nearly US$160 billion annually by 2015.
NovoPayment has added Epson Venezuela to a growing list of consumer products companies that are using the company’s prepaid platforms to deploy marketing and promotional campaigns in Latin America.
NovoPayment announced today it is establishing a joint venture with Interbank Group, one of Peru’s largest and most innovative corporations, to develop prepaid card programs nationally, including prepaid EBT and food vouchers, general-purpose reloadable cards, cash management and remittances products.