UK-based challenger bank MultiPass has partnered with Moorwand and Tribe Payments to launch corporate payment cards.
Both virtual and physical cards can be ordered, activated, and fully managed by customers inside the MultiPass payment platform. This solution will further simplify the management of international finance for MultiPass customers, providing them with an additional way to carry out online purchases: to pay for travel bookings, web services, business subscriptions, and to handle other daily expenses. The prepaid cards are available in GBP and EUR to companies registered in the UK, Ireland, the Czech Republic, Hungary, and several other EU countries.
MultiPass’ officials stated that they acknowledged the need communicated by customers, and they want to deliver. Combined with their multi-currency accounts, the corporate card solution created with Moorwand and Tribe will provide even greater payment flexibility to companies with cross-border business activity.
The technical processing infrastructure as well as 3D Secure and risk-monitoring capabilities for the card-issuing project are handled by Tribe Payments, a modular and future-ready payments technology provider. Certified to offer Visa, Mastercard, and UnionPay, Tribe provides a secure and scalable solution, enabling MultiPass to access a wide range of technical capabilities for innovation and growth.
In a statement, representatives from Moorwand said that they are happy the company has chosen them to reinforce their multi-currency payment product and this development will allow their customers for a more convenient transfer service.
MultiPass is a bank challenger founded in 2017 as part of the Dyninno Group. It provides smart and flexible financial solutions, including current accounts and global currency operations. The company offers a single account for multiple banking needs to cover all global business operations. Multipass Platforms provides financial solutions for international businesses trading globally and is registered by the FCA as an Authorised Electronic Money Institution.
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