Mobile payment company Mezu launches digital debit card, MezuCard, backed by Mastercard

  • 📰 CNBC
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Mobile payment company Mezu has launched a digital debit card, MezuCard, backed by Mastercard. (via CNBCMakeIt)

, which is issued by Community Federal Savings Bank and backed by Mastercard.

"We created an app that allows people to give and get money using a transaction code rather than their identity," Yuval Brisker, co-founder, CEO and president of Mezu, tellsThe app and debit card can be used both in the U.S. and internationally, which gives Mezu a leg up on competing P2P apps that require users to reside in America. For example,With Mezu, there's no need to exchange phone numbers or emails. And, your transactions won't be shared publicly.

"You can both have privacy and convenience. You can both use technology and maintain control of your personal information," Brisker says. "Choice and options are huge, and that's what we're trying to do." Mezu and Mastercard will not share personally identifiable data or transaction histories with third parties.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple and Samsung’s distinct approaches to the mobile market underline their long-term visions for the mobile spaceApple's survival strategy in the peak smartphone age focuses on internally driven growth, while Samsung pegs its fortunes to the wider mobile market:
Source: BusinessInsider - 🏆 729. / 51 Read more »

SoftBank’s transformation into an investment powerhouse continuesMasayoshi Son will not have many more momentous days than he did on July 26th A second vision fund is launched as Sprint's deal with T- Mobile is approved. Antalyayı çok seviyorum..avrupalı rakiplerinin 20 milyon turistini çalıyor They really are big time!
Source: TheEconomist - 🏆 6. / 92 Read more »