i2c to Support Marygold Contactless Debit Mastercard, Savings Platform

i2c Inc., a provider of digital payment and banking tech, announced its partnership with Colorado-based financial tech firm Marygold & Co., in order to power the platform’s Tap to Pay Debit Mastercard and new “customer-centric” savings program.

Leveraging i2c’s “plug-and-play” payment APIs, Marygold & Co. will “build out its ‘Spend Now Checking’ and ‘Money Pool Savings’ interfaces to empower cardholders to control spending and save for important life events, such as a trip to Europe or wedding.”

Payments will be “processed on the Mastercard network, and cardholders will be backed by a best-in-class fraud management network designed on i2c’s secure and reliable platform.”

As noted in the update, the Marygold & Co. Contactless Debit Mastercard program will authenticate payments “with no signature or PIN required and enable real-time payments to anyone in the U.S. with just an email or mobile number.”

The Money Pool Savings Account program will “offer unlimited, savings accounts with automated funding, and goal setting features.”

Marygold & Co. will “follow the U.S. roll out of its debit and savings programs by expanding into other global markets within the coming years.”

Nicholas Gerber, Co-founder of Marygold & Co., said:

“We built Marygold & Co. to offer clients a truly end-to-end banking and payments experience that anticipated and catered to their unique financial needs. Like having a private banker on your phone, Marygold & Co. is a banking and financial services app that is free to open and will empower users to take control of their finances. We were already familiar with i2c through their widespread presence in the processing space and knew that we wanted to work with them because of their deep domain expertise, global connections to all the major card networks and ability to bring card programs to market quickly.”

Serena Smith, chief client officer of i2c Inc., remarked:

“Marygold & Co. is reimagining payments through a modern lens and servicing their customers with a high-tech and high-touch approach. i2c was built to enable innovators like Marygold & Co. so that they can launch with faster speed-to-market and innovation cycles, and we’re proud that they selected us to help bring their payment visions to life.”

In addition to debit and savings services, Marygold & Co. will “offer their clients investment solutions with portfolios of fixed income and equity Exchange-Traded Funds that align with client-specific goals, ‘PayAnyone’ capability to send money to friends and family anywhere in the U.S., and payroll deposits up to two days early requiring no minimums or credit checks.”

Marygold & Co. will “offer Apple Pay, Google Pay and Samsung Pay Support, as well as contactless bracelets and key fobs in the near future.”


Register Now
Sponsored Links by DQ Promote

 

 

Send this to a friend