Veritec, a developer of mobile banking debit card solutions, has
signed an agreement with the mobile marketing agency Lifestyle
Wireless to market debit cards.
Washington-based Lifestyle Wireless will market Vertec’s on-off
debit card to the banked and un-banked population.
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The on-off debit card enables cardholders to send funds to card
members or charity organisations in real time anywhere in the
world, using Veritec’s mobile banking technology.
Veritec said that the technology also ensures security for card
members by receiving notification when their card is used in
real-time and they will be able to turn a card on or off via phone
or internet.
Veritec processes debit, pre-paid and gift card solutions to
debit card issuers using its mobile banking software.
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By GlobalData
