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News

Moorwand, TWIGA Wallet partner for new TWIGA Card

Wednesday 20 May 2020 14:46 CET | News

Moorwand has partnered with TWIGA Wallet for issuing, acquiring, and BIN Sponsorship services prior to the launch of TWIGA Card.

According to Fintech Finance, the TWIGA Card, a companion of TWIGA Wallet, will be available either as a debit or full IBAN account that will enable SEPA transfers between users within the EEA. 

Moreover, TWIGA Wallet will integrate Moorwand’s merchant acquiring services, making it possible for users to add funds to their account with different payment methods. The latter will act as a BIN Sponsor on behalf of TWIGA Wallet, providing it with a single compliant connection to a variety of payment schemes for transaction processing and settlement of cardholder funds.

TWIGA Wallet was launched in March 2020, being tailored for millennial users, and it is fully customisable, allowing customers to pick and choose features and designs, along with options like pay-by-email and P2P payment between users.


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Keywords: Moorwand, TWIGA Wallet, TWIGA Card, EEA, cards, debit card, SEPA, merchants, payment schemes, transaction processing, cardholder
Categories: Payments & Commerce
Companies:
Countries: Europe
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Payments & Commerce

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