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Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants Saudi Central Bank Launches Google Pay Service Through Mada Network Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’ barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments JPMorganChase and Plaid Announce an Extension to their Data Access Agreement for Sharing of Consumer Permissioned Data Enhancements to Ecommpay Subscriptions Service Help Address Failed Recurring Payments HSBC Deploys Wealth Intelligence for Its Wealth Management Staff to Enhance Client Experience

Introducing the first mobile gift card – just in time for Christmas

Mastercard, CleverCards and Appreciate Group plc partner to offer first gift card directly to your mobile wallet

Mastercard has partnered with CleverCards and Appreciate Group to launch Europe’s first ever fully digital gift card.

The gift card is available now as a last minute Christmas present, as shoppers are able to send their gift card immediately by email, text or message app. Recipients can then simply add the fully digital Mastercard to their mobile wallet to instantly “tap-n-pay” in-store, or buy online.

The Select Digital Gift Card is the first fully digital, mobile-enabled gift card in the UK and is now available to purchase through www.highstreetvouchers.com, and can be used either online or in-store at more than 6,400 outlets of 61 of the most popular retail brands in the UK including John Lewis, Topshop, TK Maxx, Waterstones, Debenhams, Ernest Jones and Argos, as well as restaurant Pizza Express.

Revolutionising a prepaid gifting industry that was previously weighed down by postage fees and high physical production and distribution costs, the gift card functions as a secure prepaid Mastercard once activated by the recipient.

By enabling the recipient to check their balances at any time, the gift card also removes the age-old problem of people forgetting which gift cards they’ve used or what balance they have remaining.

Scott Abrahams Senior Vice President, Business Development at Mastercard commented “We want to offer consumers the option to pay how they want, when they want. We are delighted to have partnered with Clevercards and Appreciate Group to help revolutionise the gift card industry by making it as simple as paying by any other payments method. “

Kealan Lennon, founder and CEO of CleverCards, comments: “We have effectively created a digital £50 note – one that can be instantly sent and spent between any parties electronically, across borders. The CleverCards-distributed digital Mastercard can be used by anyone, anywhere, anytime.

“This is money reimagined for the new generation of consumers and providers, including safety, security and regulatory compliance.”

“We’re proud to be the first company in the UK to bring this type of technology to market,” says Appreciate Group’s CEO Ian O’Doherty.

“It’s a real game-changer in many ways as it completely reimagines how gift cards should work in a mobile-enabled world.”

Leading gifting and engagement company Appreciate Group plc, partnered with CleverCards to be the first company in the UK to launch on the CleverCards platform.

This is the first major use of the CleverCards platform, and plans are in place to expand their adaptable platform across further payment instrument use cases including debit cards, expense cards, corporate or customer rewards and more.

  1. Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns Read more
  2. WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance Read more
  3. AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Read more
  4. Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering Read more
  5. United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Read more
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