Prepaid card issuer White Eagle has announced plans to step into the mobile banking and payments arena, using its existing Eagle iP technology.
White Eagle plans to offer current cardholders a range of SMS-based services, which include card activation, PIN notification, 24/7 real-time balance checks, mini statements, instant account to account transfer, card block/unblock, reporting cards lost or stolen and real-time foreign exchange rates.
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Customers will also be able to use the companys multilingual interactive voice-response technology to access the same services using their mobile phone or landline, and manage the account via the internet.
Warren Hardy, CEO and founder of White Eagle said: "This is the next exciting chapter in White Eagles development and we will be exploiting this, our proven and market-leading technology capabilities, into these new markets.
"White Eagle has established a strong pedigree in our response to customer needs through its award-winning Freedom Eagle Cash Card, and has delivered mobile- and internet-based payments to its consumer customers for many years. It is now only logical for these services to be offered to the broader banking, telco and payments industry."
The company currently offers a payments and processing platform for branded third-party prepaid programs to a range of customers including HSBC and Ceridian Payroll Services.
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By GlobalData
