UK-based Fintech firm STICPAY has launched a prepaid STIC card for its digital wallet solution.
The new payment option will allow users to make withdrawals and spend their funds through the STIC card.
The Fintech firm noted that all STIC cards have a base currency, along with daily and monthly spending limits of $9,500.
James Bay, customer service director at STICPAY, stated:
“By introducing the STIC card, STICPAY can fulfill the rising demand for prepaid cards, especially in Asian countries, while providing a low-cost, fast, and convenient way for the users of our e-wallet service to spend their balances or withdraw their funds.”
“We treat all our customers equally. That’s why we don’t restrict access to the STIC card on the basis of account activity. Customers outside of the European Economic Area (EEA) region have been missing out on the prepaid card solutions of digital wallet services for a long time.”
STICPAY aims to provide services to individuals and businesses located outside the EEA region. The company plans to offer global access to the STIC card, which features relatively low account and ATM withdrawal fees.
Headquartered in the United Kingdom, STICPAY has business offices and services centers across Europe. The company also offers services in Asian countries, including China, Japan, Indonesia, Thailand, and the Philippines.
Users of the Fintech firm’s digital wallet solution may order their prepaid cards from any country in the world.
STICPAY provides a wide range of services, including cross-border transfers, prepaid cards, and various reward programs.
The Fintech company also supports cryptocurrency transactions with Bitcoin (BTC), Ether (ETH), and Litecoin (LTC).
STICPAY is licensed by the UK’s Financial Conduct Authority (FCA).