Earthport Enters Prepaid Card Market With Banco do Brasil Deal
15 October 2014 - 8:40PM
Dow Jones News
LONDON--U.K. crossborder payments technology company Earthport
PLC (EPO.LN) has signed a contract with Banco do Brasil Americas
S/A (BBAS3.BR) to support multicurrency prepaid cards used by
students to take scholarship funds abroad.
"This new and innovative use of the Earthport service is an
initial entry into the prepaid card market," Earthport said in a
statement Wednesday without giving financial details of the
arrangement.
Write to Ed Ballard at ed.ballard@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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