MasterCard partners with Beam to provide pre-paid cards in India

By Silky Malhotra | Published on 01 Mar 2013
HIGHLIGHTS

This partnership is expected to benefit MasterCard as well as Beam

MasterCard partners with Beam to provide pre-paid cards in India

Make 2021 your best year with IBM Developer

Make 2021 the year where you truly shine, grow, build & Code. Get support and motivation from the IBM Developer community. #IBMDeveloper #CodePatterns

Click here to know more

Advertisements

MasterCard has partnered up with Indian mobile wallet provider Beam to provide mobile companion pre-paid cards to its customers in the country. With the launch of this pre paid card more than 14 million Beam users will be able to transact online or at physical merchants and even access ATMs.

"Our collaboration with MasterCard Worldwide’s pre-paid card system enables us to offer our customers a unique product that fits their lifestyle and provides access to ATMs and card-transactions at merchants, further extending the reach of our Mobile Wallet to a wide range of cashless solutions and our endeavor to make Beam an aspired brand,” said Anand Srivastava, Chairman, Beam.

This collaboration between Beam and MasterCard will enable customers to make e-payments to book movie or travel tickets, pay utility bills, for fund transfers and even withdraw money from ATMs as well as Beam franchisees. These cards will be rolled out in July/August 2013 by Beam franchisees across the country.

This partnership is expected to benefit MasterCard as well as Beaml. India has more than 850 million mobile users and the potential for growth is tremendous.

logo
Silky Malhotra

Advertisements

Trending Articles

Advertisements

latest articles

View All
Advertisements

Top Products

Popular Mobile Phones

View All

Hot Deals

View All

Digit caters to the largest community of tech buyers, users and enthusiasts in India. The all new Digit in continues the legacy of Thinkdigit.com as one of the largest portals in India committed to technology users and buyers. Digit is also one of the most trusted names when it comes to technology reviews and buying advice and is home to the Digit Test Lab, India's most proficient center for testing and reviewing technology products.

We are about leadership-the 9.9 kind! Building a leading media company out of India.And,grooming new leaders for this promising industry.

DMCA.com Protection Status