OneFor allows consumers to send funds to individuals inside and outside of the EU through digital wallet and debit card offers. Customers in the EU gain access to a mobile wallet app connected to an IBAN account and companion debit card. Customers can set up, provide, and manage companion cards for friends and family outside of the EU using the app.
By utilising Moorwand’s services, OneFor reduced the time and complexity of launching the service. Moorwand is issuing the debit card, acting as BIN Sponsor to access the Mastercard network, and providing acquiring services, so the card to be topped up using a range of payment methods.
Moorwand’s Digital Banking offering allows OneFor customers to send money using SEPA.
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