MoneyShare® Card

The M2 Europe MoneyShare® Card is a competitive alternative to traditional money transfer. The two-card product allows instant safe transfer of funds from a primary to secondary prepaid card.

• Instant transfer of funds at minimal cost (locally or abroad) at highly competitive foreign exchange rates
• More convenient and cheaper than current available methods
• Provided in two-card pack for instantaneous transfers globally
• Particularly pertinent to the exploding EU transient labour market

This provides a convenient, instant and competitively priced international prepaid card product to facilitate the sharing of funds between family and friends regardless of geographical location. The MoneyShare® Cards can be issued to almost anyone as no bank account or previous credit history is required.

This captures customers who cannot obtain credit or debit cards. Once the primary card is loaded with funds, the primary cardholder can instantly and conveniently send funds to the secondary cardholder. Both the primary and secondary cards can be used to securely to make purchases globally and online as well as access local currency from ATMs around the world.

Cardholder benefits:

• No standing in line to transfer money
• Can be used 24/7 any day of the year
• No need for physical infrastructure
• Cardholders do not need to undergo a credit check - they simply need to provide an address and passport details.
• The primary cardholder can instantly share funds with secondary card, which could be with a relative or dependant in any country.
• Sharing funds with secondary cardholders is possible by either SMS (Mobile Payments) or using the client website.
• Both the primary and secondary MoneyShare® cards are accepted for Point of Sale (POS) purchases and for cash withdrawals from ATMs as well as for Internet purchases and services.
• As there is no direct access from the MoneyShare® card to any of the cardholders other banking details, they are safer from the risk of fraud.