The My WU prepaid card is designed to serve the approximately 4 million registered migrant workers in Italy who need convenient access to financial services. The cards are set to be available at 15,000 Lottomatica Carta Lis locations throughout Italy and also online. Customers are also set to be able to reload their My WU prepaid cards at approximately 22,000 locations and over 10,000 ATMs across Italy.
The My WU card is set to enable customers in Italy who do not have bank accounts to send money transfers, receive direct deposits from their employers, make retail purchases in shops and online outlets that accept MasterCard as well as to withdraw money from ATMs across Italy. My WU cardholders are also set to be able to fund Western Union Money Transfer transactions using their cards at Lottomatica locations where the service is available, while also benefiting from the advantages of Western Union’s consumer loyalty program.
Lottomatica is a company through which GTECH, a provider of lottery and gaming technology services worldwide, operates in Italy. Lottomatica provides services to businesses and consumers (payment services, reload services, e-money and tickets) through the subsidiary Lottomatica Italia Servizi.
In recent news, Oberthur Technologies, a French provider of security and identification solutions based on smart card technologies, has unveiled that MoreMagic, an Oberthur Technologies company, has joined the MasterCard Mobile Money Partnership Program (MMPP), a program designed to assist approximately 2.5 billion financially-underserved consumers around the world use their mobile phones to access mainstream financial services.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now