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Press Releases

First Reloadable Prepaid Card Program for the Unbanked Launched in Peru

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NovoPayment recently revealed its role in the design and delivery of Peru’s first general purpose reloadable (GPR) program aimed at serving the country’s unbanked population. LATODO MasterCard, launched in April by Servitebca Peru, is NovoPayments second such program in the region and the foundation for a new breed of payments ecosystem based on stored value –a program that the company expects other local players will soon join and whose model it hopes other markets will notice and want to replicate.

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Novopayment Mexico and Mastercard Introduce Prepaid Solution for Food and Meal Electronic Vouchers

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NovoPayment subsidiary, Tebca Mexico and MasterCard, leading providers of branded prepaid card solutions and payment systems respectively, launched Bonus Alimentación® MasterCard, a corporate prepaid program designed to assist public and private organizations in distributing food and meal benefits to their employees in a safe and convenient fashion.

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