German payments company Wirecard has introduced a new prepaid Visa card, dubbed mycard2go.
The newly launched card is the first Visa Simply One combined debit/credit card. It is issued by Wirecard Bank AG.
Go deeper with GlobalData
The card, which combines high-level security in the form of PIN entry with global acceptance, will enable its users to make cashless payments at more than 24 million Visa acceptance points.
The card is available at numerous outlets across Germany, including petrol stations and kiosks – where they can also top up the cards with cash.
After purchasing, users need to activate their mycard2go by SMS or online.
The company said that it will not charge any additional international service fee for payments made outside of the Eurozone.
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 GlobalDataWirecard Bank executive board member Alexander Knoop said: "The mycard2go prepaid card offers state-of-the-art functionality. We look forward to consistently further developing the product in collaboration with our customers and partners in the coming years."
Visa regional managing director of Central Europe Albrecht Kiel said: "We are delighted to launch the mycard2go prepaid visa card solution, a modern product which also represents the first Simply One Visa solution on the market."
