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ASX is on the market Moneyme Announced that it has become the leading credit card issuer for Mastercard in Australia, marking an important milestone in Moneyme’s strategic roadmap to accelerate the growth of the credit card space.
As the main issuer, Moneyme You can directly access Mastercard’s global network to open up new opportunities, product development and distribution.
The agreement supports Moneyme’s strategy to enhance customer experience, diversify its product offerings, and drive stronger economics as the scale of its business.
Meanwhile, Moneyme you’re already having trouble with global payment technology providers Episode 6 Enhance its credit card infrastructure and enable multiple credit card products.
Integrating Episode 6’s cloud-based card processing infrastructure into Moneyme’s proprietary technology will help innovate, launch new products faster, custom card designs, and dynamic feature sets for different customer segments.
Together, these alliances will enable Signan’s long-term growth, scalability, market speed, and customer experience in future customer credit card products.
Clayton Howes, MoneymeManaging Director and CEO said: “Becoming the Chief Issuer of Mastercard in Australia and working with Episode 6 marks a defence milestone in our growth journey. Banks are underdeveloped.
“With strong day-to-day interests and direct customer connectivity, our credit cards offer plans to fill clear gaps, just like auto races. We see it as a high-margin, highly enhanced product that powers our future growth goals.”
Richard Wormald, president of Mastercard’s Oceania division, said: “Mastercard is pleased to be working on the network as a major issuer. With its unique technical capabilities, agile approach and a challenger mentality, Moneyme is a strong place to be. Consumer and retail credit card programs in Australia.”
John Mitchell, CEO and Co-founder Episode 6“We are proud to support Moneyme as they take this Signa to more credit card value chains, and by integrating our platform, MoneyMe can configure and launch different card products with greater speed, control and flexibility. Together, we have built an infrastructure that supports rapid innovation, scalable growth, and the Australian market and beyond the Australian market.”
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