Ethereum
$145.49 1.68%
ETH · 117w

STACK™ partners with Mastercard to launch the first digital money account with mobile tap-to-pay functionality

Canada's newest FinTech challenges traditional banking industry with free access to smart financial services

TORONTO, Sept. 11, 2017 /CNW/ - STACK announced a partnership with Mastercard today, two weeks ahead of its official Beta launch. More than 20,000 Canadians have registered for the Beta app, which will begin onboarding users this month through Google Play. A public launch for both Android and Apple devices is planned for later this year.

STACK is reinventing financial services with a fee-free alternative to traditional banking. Combining advanced machine learning with customizable tools, the STACK app delivers a smarter way to spend, save and share your money, straight from your smartphone. STACK will be the first financial services provider to offer instant access to multi-currency and crypto wallets as part of a 360-degree solution to personal finance.

STACK accounts will include a chip-and-pin Mastercard prepaid card, providing seamless and secure point-of-sale access to worldwide retailers, global ATM networks and Purchase Protection on every transaction.

"Partnering with Mastercard supports our mission to provide a better alternative to traditional financial services, without compromising convenience or reliability," said Miro Pavletic, Co-Founder and CEO of STACK. "Mastercard is a trusted technology expert in the payments industry, and we're committed to working with the best of the best."

"Canadians want to manage their money on their own terms and STACK is giving them that ability," said Patrick Sulston, Vice President of Market Development in Canada, Mastercard. "With a Mastercard prepaid card inside the STACK app, Canadians can easily, securely and conveniently access their funds and shop in-store and online."  

STACK is the first financial technology company in North America to offer members a mobile tap-to-pay option attached to a digital money account, ena...

Continue on markets.businessinsider.com
Recent news
ETH +1.68% · cryptoverze.com · 8h

BitPay Announces Support for Three Stable Coins

Highlights: BitPay to start supporting three more Stable CoinsBitPay notably did not issue support for USDTUSDC, GUSD and PAX can now be transferred with BitPay Founded in 2011, BitPay is a payment pr...
ETH +1.68% · defirate.com · 10h

Creators of tBTC to Launch tZEC Token on Ethereum

Thesis, the team behind the cross-chain tBTC token, have vocalized their intentions to bring ZEC to Ethereum in a recent GitHub proposal. The proposal includes ... Read moreCreators of tBTC to Launch ...
ETH +1.68% · decrypt.co · 11h

How Ethereum helps sell CBD

Selling weed is a tricky business. We sat down with Treum co-founderTyler Mulvihill to find out how blockchain can help ensure companies stay in the green.
ETH +1.68% · placeholder.vc · 11h

Placeholder on Zerion investment

A remarkable and underappreciated consequence of the emergence of decentralized finance or DeFi is the way it is helping clarify the difference between a world where consumers control their own da...