Multi-currency prepaid travel card users now have added convenience to manage their funds on the go

To tweet this news, copy and paste: #MasterCard Multi-currency Cash Passport Mobile App Launches in South Africa http://news.mstr.cd/1JmVCEz

Johannesburg, 17 February 2015Access Prepaid Worldwide, a subsidiary of MasterCard, has launched the MasterCard Multi-currency Cash PassportTM mobile app providing Multi-currency Cash Passport cardholders with added convenience when managing their accounts from anywhere in the world.

Available for Apple and Android operating systems, the free app allows users to easily transfer money between purses, review transactions, and track their spending on their phone. It also uses the mobile phone’s GPS to inform users where to find the closest ATM should they need to withdraw money.

The Multi-currency Cash Passport can be loaded with currency before departure and while travelling with one or more of the four available currencies including US Dollars, Great British Pounds, Euros, and Australian Dollars. The cardholder can use the card to pay for goods and services at millions of merchant locations or withdraw cash from ATMs wherever the MasterCard Acceptance Mark is displayed.

“The application makes it convenient for users to keep control of their payments abroad, as it holds all the information that they need about their Multi-Currency Cash Passport,” says Rajeev Kumar, General Manager, Access Prepaid Worldwide, Middle East and Africa, MasterCard.

Using the Multi-currency Cash Passport means travellers lock-in the exchange rate for each currency so they can budget. The Multi-currency Cash Passport is available from participating ABSA, FNB and  of American Express Foreign Exchange branches.

 

About the MasterCard Multi-currency Cash Passport

Multi-currency Cash Passport™ is issued by Travelex Card Services Limited, pursuant to license by MasterCard® Asia/Pacific Pte. Ltd.  MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.

About MasterCard

MasterCard (NYSE: MA), www.mastercard.com,is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.

Media Contacts:

Birgit Deibele, MasterCard, birgit_deibele@mastercard.com, +27 71 464 0983

Kelly Webster | Nicola Tarr, Tribeca Public Relations, mastercard@tribecapr.co.za, +27 11 208 5500