Mastercard is teaming up with The Royal Mint to roll out the world’s first hallmarked gold payment card.

Moreover, the card is the first payment card in the world to use source-traceable metals.

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The launch represents the first payment card to be manufactured by The Royal Mint.

The solid gold payment card is designed for individuals who wish to access the exclusive benefits of a Raris account

And for customers who value high quality luxury items that make a statement.

The 18kt gold Raris card is personalised for cardholders with their name and signature directly engraved into the precious metal.

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Raris gold payment card: zero foreign fees

The Raris account benefits from limitless spending, zero foreign exchange or transaction fees. The Raris app also enables customers to manage their account. As part of the Mastercard World Elite package, additional benefits include a dedicated concierge service and other travel benefits.

Mark Barnett, divisional president, UK, Ireland, Nordics and Baltics,  Mastercard says: “This is a really exciting project. It combines the outstanding heritage of The Royal Mint and Mastercard’s focus on payment innovation and security. Accomplish Financial ensures that the Raris card provides the perfect link between that heritage and the digital world.”

Simon Bradley, Head of Partnerships at Accomplish Financial says: “We are delighted to enhance our Raris account offering with The Royal Mint’s first precious metal payment card. Raris leverages our technical capabilities to offer an account designed for the world’s most discerning clients with an emphasis on functionality and security. We are honoured to have brought together The Royal Mint and Mastercard. This marries 1,100 years of payments heritage with the payments technology of tomorrow.”

Anne Jessopp, CEO at The Royal Mint adds: “The Royal Mint is constantly innovating. As the UK’s leading precious metals solutions provider, we are hugely excited to launch the solid gold Raris card, acknowledgement growing consumer demands for unique and luxury payments cards.

“In association with Mastercard and Accomplish Financial, Raris – the first payment card manufactured by The Royal Mint – is a combination of 1,100 years of Royal Mint craftsmanship with tomorrow’s payment technology.”