Prepaid card issuer White Eagle has announced
plans to step into the mobile banking and payments arena, using its
existing ‘Eagle iP’ technology.

White Eagle plans to offer current cardholders
a range of SMS based services, which include: card activation, PIN
notification, 24/7 real-time balance checks, mini statements,
instant account to account transfer, card block/unblock, reporting
cards lost or stolen and real-time foreign exchange rates.

Customers will also be able to use the
companies’ multilingual interactive voice response technology to
access the same services using their mobile or landline, and manage
their account through the internet.

Warren Hardy,  CEO and Founder of White
Eagle said: “This is the next exciting chapter in White Eagle’s
development and we will be exploiting this, our proven and ‘market
leading’ technology capabilities, into these new markets. White
Eagle has established a strong pedigree in our response to
customer needs through its award winning Freedom Eagle Cash Card –
Prepaid MasterCard, and has delivered mobile and internet based
payments to its ‘consumer’ customers for many years. It is now
only logical for these services to be offered to the broader
Banking, Telco and Payments industry.”

The company currently offers a payments and
processing platform for branded third party prepaid programs to a
range of customers including HSBC & Ceridian Payroll

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By GlobalData