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Users will profit from the comfort of Mastercard’s main fee acceptance community to spend globally and earn loyalty rewards from the Maps.me ecosystem.
LONDON and ZUG, Switzerland, Sept. 6, 2022 /PRNewswire/ — Maps.me, alongside Monavate, at present announce a brand new prepaid card providing, powered by Mastercard. Today’s shoppers are digital, borderless, and proving to be more and more open to utilizing monetary merchandise which might be built-in with apps that they use each day and belief. With a ready listing of greater than 1 million users for the Maps.me digital pockets, this implies all 60 million users of Maps.me could possibly be ready to make funds wherever Mastercard is accepted.
“This product extension means Maps.me users will be able to enjoy cashback, discounts, and other rewards when travelling, anywhere Mastercard is accepted,” stated Maps.me Co-founder Alex Grebnev. “By seamlessly integrating payments into an app that users already know and love, Maps.me is bringing the benefits of embedded finance to its millions of users in the form of lower costs and greater convenience. And with over a million people already on the waiting list, the demand for this is clear.”
In addition to Mastercard prepaid cards, registered Maps.me pockets iPhone users shall be ready to pay for items and providers globally via Apple Pay. The Apple Pay performance was made obtainable on the iOS model of Maps.me final month, with activation codes being despatched to users who request them in-app.
Already the world’s main offline mapping software, Maps.me has greater than 60 million annual active users and has been downloaded 140 million occasions over the previous 9 years. Approximately half of the Maps.me users who responded to a survey stated they want to entry monetary capabilities via the app.
Maps.me is a part of the Oxygen.org ecosystem, a user-driven monetary system that enables individuals and establishments to transact instantly with one another, moderately than through a big monetary establishment. As nicely as making funds, the Maps.me Wallet can even allow users to earn yields of up to 8% as nicely to switch cash immediately to family and friends globally.
“Today’s digital native consumers expect payment solutions to be as fast and agile as possible, and we’re delighted to help open up the possibility for millions of Maps.me users to get Mastercard prepaid cards” stated Monavate’s Chief Commercial Officer, Scott Lucas. “This Maps.me partnership follows a similar one that Monavate supported for digital assets specialist Baanx and Mastercard earlier this year, and demonstrates the growing trend of integration of digital financial services.”
About Maps.me
Maps.me is the world’s main off-line mapping software for travellers with 60 million annual active users who plan and navigate journeys worldwide with the app. Maps.me has built-in monetary providers together with funds, foreign exchange and passive revenue technology, changing into a part of a brand new technology of decentralized finance (DeFi) platforms that use sensible contracts to enable users to transact instantly with one another, moderately than through a monetary establishment. Through Maps.me, users may also take pleasure in a variety of thrilling rewards together with eSIM connectivity, cashback alternatives and reductions.
Website hyperlinks:
Maps.me: https://maps.me/
Monavate: https://www.monavate.com/
Mastercard: https://www.mastercard.com
(*60*) – https://mma.prnewswire.com/media/1891280/MAPS_ME_Logo.jpg
