{"id":21967,"date":"2014-05-30T09:56:32","date_gmt":"2014-05-30T09:56:32","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=21967"},"modified":"2014-06-02T10:04:01","modified_gmt":"2014-06-02T10:04:01","slug":"stanbic-introduces-moneywallet-multi-currency-card","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/05\/stanbic-introduces-moneywallet-multi-currency-card\/","title":{"rendered":"Stanbic introduces MoneyWallet Multi-Currency Card"},"content":{"rendered":"<p>Stanbic Bank Ghana has introduced the <strong>Stanbic MoneyWallet Multi-Currency Card<\/strong>, the first of its kind in Ghana. The new MasterCard-branded card offers a safer and more convenient alternative to foreign currency notes and allows both customers and non-customers of the Stanbic Bank to load and have access to up to four foreign currencies on a single card.<\/p>\n<p>By using the Stanbic MoneyWallet Multi-Currency Card, travelers can avoid forex and cross currency fluctuation costs and concerns especially when travelling and trading between the United States, United Kingdom, Europe and South Africa.<\/p>\n<p>The card, a product of Stanbic Bank\u2019s collaboration with MasterCard, can be reloaded as often as one desires. It is also enabled for ecommerce transactions, and can be used for Point of Sale (POS) purchases and ATM cash withdrawals at more than 36.9 million locations in over 210 countries where MasterCard is accepted.\u00a0Cardholders can load the British pound, US dollar, the South African rand and the Euro. The value of foreign exchange is locked in upon purchase, protecting the cardholder against foreign exchange rate swings and attendant loses.<\/p>\n<p>Speaking at the press launch Nana Dwemoh Benneh, Head, Personal and Business Banking Stanbic Bank Ghana said: \u201cWe are in the market to provide state of the art solutions for our customers to help improve their lives. The introduction of MoneyWallet is one of the many interventions that we will roll out this year to continually advance the business of customers.<\/p>\n<p>\u201cWith Stanbic MoneyWallet it is no longer necessary for our customers to worry about carrying cash during their travels. The global accessibility of this card will ensure that our customers will always have a convenient way of doing their financial transactions with a card in their hands.\u201d<\/p>\n<p>Nii Odartey Lamptey, Manager, Transactional Products explained that everyone, customers and non-customers alike, can get a Stanbic MoneyWallet Multi-Currency Card with ease from any Stanbic Bank branch. \u201cWe are keen on encouraging all to use cards a lot more and to use cash a lot less as that serves our customers, our clients and our country better.\u201d \u00a0Odartey noted the card is a precursor to a corporate travel card solution and other card offerings due to be rolled out by the end of 2014.<\/p>\n<p>Stanbic MoneyWallet is issued and activated instantly upon purchase and has a five-year life span. \u00a0When used for POS payments and e-commerce there are no transactional fees.<\/p>\n<p>Being a smart card, it automatically detects which currency to use depending on the location of the user. It can also decide which currency to use when there is insufficient local currency on the card at any location. In addition, cardholders can stick to their budget by only spending the amount loaded onto the card.<\/p>\n<p>\u201cThe Multi-Currency Card represents the future of travel prepaid cards. Not only is it incredibly convenient for frequent travelers and those who cross multiple borders on the same trip, it also provides travelers with a safer and more secure alternative to carrying cash,\u201d said Obi Okwuegbunam, Director: Account Management for MasterCard in West Africa. \u201cIn collaboration with Stanbic, the roll out of this innovative solution will help to make our vision of a world beyond cash a reality.\u201d<\/p>\n<p>Users of the Stanbic Money Wallet Multi-Currency Card have access to 24-hour customer service and support no matter which part of the world they may find themselves. In the event of a lost, damaged or stolen card, emergency cash can be sent to the cardholder.<\/p>\n<p>Whether attending a business meeting or a conference, going to the beach or the great outdoors, shopping, or traveling to one destination or to many, the Stanbic MoneyWallet Multi-Currency Card is the smart choice.<\/p>\n<p>One card, four currencies, what could be simpler!<\/p>\n<p>&nbsp;<\/p>\n<p>Credit : Stanbic Bank Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stanbic Bank Ghana has introduced the Stanbic MoneyWallet Multi-Currency Card, the first of its kind in Ghana. The new MasterCard-branded card offers a safer and more convenient alternative to foreign currency notes and allows both customers and non-customers of the Stanbic Bank to load and have access to up to four foreign currencies on a [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":22017,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[486,1197,4],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stanbic introduces MoneyWallet Multi-Currency Card - Citi 97.3 FM - Relevant Radio. 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