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May 29, 2014

MasterCard, WebMoney and Credit Saison roll out first MasterCard prepaid card in Japan

MasterCard, WebMoney Corporation and Credit Saison have launched the WebMoneyCard, the first MasterCard-branded prepaid card issued in Japan.

By Verdict Staff

MasterCard, WebMoney Corporation and Credit Saison have launched the WebMoneyCard, the first MasterCard-branded prepaid card issued in Japan.

The card can be used both online and at physical merchants that accept WebMoney or MasterCard payment cards.

Leveraging the new WebMoneyCard, users can make payments at nearly 38.1 million MasterCard acceptance locations in over 210 nations across globe.

In order to allow users to check their card balance and to reload funds online, WebMoney recently unveiled a smartphone app, WebMoney Card Case, which also simplifies reissuance, in case the card is lost or stolen.

WebMoney is issuing the WebMoneyCard under a MasterCard license owned by Credit Saison, which is also accountable for card issuance, management of MasterCard transaction data, and management of merchant accounts.

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