Kuady Launches Physical Prepaid Mastercard in Peru

Kuady, the leading payments service processor, for Latin America, has today announced the launch of its physical prepaid Mastercard, expanding its payment options for users in Peru. Following the success of Kuady’s virtual card, the physical card provides a secure, flexible and convenient way for users to make in-store payments.

Integrated with the Kuady app, the physical Kuady card also allows users to make secure in-store purchases with any merchant accepting Mastercard using their Kuady wallet balance. Online payments can continue via the virtual card, providing a flexible mix of both digital and physical payment options.

The launch follows the introduction of Kuady’s virtual prepaid Mastercard in August last year, which focused on online transactions. Through the Kuady card, merchants can now provide their customers with instant cash-outs, giving consumers real-time access to their funds.

The introduction of the physical card underscores Kuady’s commitment to delivering more secure, versatile and convenient payment experiences across the region. Leveraging Mastercard’s robust and secure payment infrastructure allows Kuady to continue to deliver reliable and flexible payment solutions.

Lorenzo Pellegrino, CEO at Kuady said: “We’re excited to bring the physical Kuady Card to our users in Peru, where the demand for secure and versatile payment options continues to grow. Following the success of our virtual card, this launch marks another important step in expanding our services. The physical Kuady Card offers our customers even more convenience by enabling in-store payments, while maintaining the same level of security. We are committed to providing our users with the flexibility to manage their finances however they choose—whether online or in-store.”