The Bancorp Bank
, a wholly owned subsidiary of The Bancorp, has been selected by Obopay, a service provider for payments via mobile phones, to issue prepaid payment cards linked to Obopay mobile payment accounts.
The Bancorp Bank
has said that the new cards are now available and are accepted anywhere
MasterCard
debit cards are accepted and at more than one million ATM locations worldwide. The cards are linked to Obopay mobile money accounts, which users can access through any mobile phone using Obopay's downloadable mobile application, text messaging, or mobile web.With the Obopay Prepaid MasterCard consumers use mobile and online and offline technology to send money, purchase goods and services, or conduct other personal finance tasks. The Obopay Prepaid MasterCard is available to all Obopay customers.
Gregory Holmes
, president of US-based operations at Obopay, said: "Obopay is committed to delivering the flexible and convenient mobile payment services that fit mobile consumers' lifestyles. Through our partnership with
The Bancorp Bank
, customers can now easily access funds wherever they are."
Jeremy Kuiper
, managing director of
The Bancorp Payment Solutions Group
, said: "The Bancorp is focused on our commitment to change the way America pays, and we are excited about this partnership with Obopay. Our goal is to simplify payments for consumers and Obopay's mobile product offerings give cardholders the accessibility they need to manage funds anywhere and at anytime of day."
