Contis Group, an e-money institution, has formed a strategic partnership with prepaid card firm Oblong Cards to utilise its bespoke card solutions for member organisations worldwide.
In accordance with the contract, Contis Group’s payments infrastructure will offer a portfolio of open, restricted and closed loop prepaid card solutions delivered by Oblong to its international client base of member institutions across the globe.
Go deeper with GlobalData
Through the partnership, Oblong can use the flexibility and versatility of Contis’ prepaid platform, to design solutions that are customized to the individual needs of each of its clients.
Commenting on the alliance, Oblong Cards managing director Ian Hossack said, "Our relationship with Contis empowers us to create solutions that meet each of our client’s specific objectives with the confidence that our core supporting platform is capable of supporting the concept."
"By harnessing this flexibility, we are able to integrate loyalty and rewards schemes, member discounts, bespoke online accounts, multiple cards and other value-generating initiatives into a single solution, enabling our clients to increase their own member value as a result," Hossack added.
Both, Contis and Oblong will make an array of announcements detailing successful customer implementations across various types of industries in the coming months.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
