finance
monthly
Personal Finance. Money. Investing.
Contribute
Newsletter
Corporate

Catella Bank issues SAS/MasterCard Eurobonus Travel Cash Card

Posted: 1st October 2015 by
katinahristova
Share this article

Catella Bank is the issuer of the MasterCard Eurobonus Travel Cash prepaid card, being launched by SAS. The new, innovative card will be the first co-branded multi-currency prepaid card in the airline industry in Europe. It is a multiple purse card that enables you to hold multiple currencies on the card at the same time.

“This a prestige project for Catella, and we are very proud that they have chosen us as the issuer. Catella has exclusively been issuing cards for over 25 years, and this project leverages our expertise in issuing multiple currency cards,” says Tord Topsholm, Managing Director of Catella Bank.

The Eurobonus Travel Cash prepaid card by SAS has been launched in collaboration with MasterCard and Rêv Worldwide. This innovative card product provides SAS Eurobonus members with a single piece of plastic that incorporates a frequent flyer card along with a globally accepted payment card. The card supports up to 12 currencies, giving the cardholder the option to remotely load the card via a bank account in their home currency, and subsequently exchange currencies prior travelling, thus keeping control of exchange rates at all times. The new card will come with MasterCard’s latest Contactless MasterCard® technology, allowing small value transactions to be made by simply tapping the card on the terminal, which is convenient for travellers as it makes payments faster. Using the card is more secure than carrying cash, and maintains access to funds 24 hours a day, seven days a week, wherever MasterCard is accepted.

“Catella is proud to be the issuer of the SAS Eurobonus prepaid card. Combining the frequent flyer card with a truly innovative, contactless and multi-currency payment card creates added value for the consumer and confirms Catella’s position in prepaid,” says Marc Becker, Head of Prepaid at Catella Bank.

About Finance Monthly

Universal Media logo
Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.
© 2024 Finance Monthly - All Rights Reserved.
News Illustration

Get our free monthly FM email

Subscribe to Finance Monthly and Get the Latest Finance News, Opinion and Insight Direct to you every month.
chevron-right-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram