According to a press release on Wednesday (July 6), digital payments and banking company i2c has partnered with Colorado-based fintech Marigold & Co with its tap-to-pay debit MasterCard and a new customer-focused savings program.
Marigold & Co. will rely on i2c’s Payments Application Programming Interface (API) to create its spending review and money pool savings interfaces, giving cardholders the ability to control their spending and save for important life events. Payments are processed through the MasterCard network and cardholders are supported by i2C’s fraud management network, the release said.
“We were already familiar with i2c from their extensive presence in the processing sector and knew we wanted to work with them because of their deep expertise, global connections to all major card networks and ability to get card programs to market quickly. had the potential.” Nicholas Gerber, co-founder of Marigold & Company, said in the press release.
Marigold & Company’s contactless debit MasterCard program will authenticate payments without a signature or PIN and enable real-time payments to anyone in the United States with an email address or cell phone number, according to the press release.
The Money Pool savings program will offer unlimited savings accounts with automatic funding and goal setting features, the press release said. Marigold & Co. will begin the program in the United States in the coming years before expanding to other global markets.
“Marigold & Co. is reinventing payments through a modern lens, serving its customers with a high-tech, high-touch approach,” said Serena Smith, Chief Customer Officer, i2c. “i2c was created to enable innovators like Marigold & Co. to go to market with faster go-to-market and innovation cycles, and we’re proud they chose us to bring their payments approach to life.”
In April, i2C entered into an expanded multi-product agreement with American Express to develop payment solutions for customers on the American Express network, giving fintechs access to Amex offerings, racy dining programs, ticket presales, and security and fraud prevention. Access to Prasad has been granted.
Read more: Amex, I2C launch payments platform for fintech
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