Kuady Introduces Virtual Prepaid Mastercard in Peru for Digital Payments

Kuady has launched a virtual prepaid Mastercard in Peru, offering secure and convenient digital payment options. The card aims to enhance financial inclusion by targeting unbanked populations. With advanced security features and compatibility with various digital wallets, Kuady seeks to drive digital adoption across the country.

Kuady Card Launches in Peru: Offering Secure and Flexible Payment Solutions

Kuady has launched a virtual prepaid Mastercard in Peru, expanding its payment services. Integrated into the Kuady app, the card provides users with a secure, flexible, and convenient way to make payments online and in-store.  As part of its broader strategy, Kuady aims to provide versatile payment options and increase customer accessibility to their finances.

Seamless Integration with Kuady App

The virtual prepaid Mastercard integrates seamlessly with the Kuady app, allowing users to make online purchases at any retailer that accepts Mastercard. Users who prefer traditional shopping can request a physical card for in-store transactions. This dual approach meets the payment needs of both digital and conventional shoppers.

Kuady’s CEO, Lorenzo Pellegrino, emphasized the importance of the new offering: “We are thrilled to introduce the Kuady card to our users in Peru, where the demand for flexible and secure payment solutions is rapidly growing. The launch of our virtual prepaid Mastercard is a significant milestone for us. It not only expands our service offerings but gives our customers greater control and convenience in managing their financial transactions.”

Immediate Access to Funds

One of the standout features of the Kuady card is the promise of instant access to payouts. Customers can instantly spend their money upon receipt, offering a quick and efficient way to manage finances. This feature benefits online merchants by allowing direct payouts to Kuady accounts, simplifying the payment process for both businesses and customers.

Aligning with Kuady’s Broader Expansion Strategy

This move aligns with Kuady’s strategy to expand its services and diversify payment options. Earlier this year, Open Payment Technologies launched Kuady in Peru and Chile, reinforcing its commitment to growth in Latin America.  Additionally, Kuady recently opened an office in Bulgaria, furthering its international presence.

Looking Ahead: Future Enhancements and Expansion Plans

Kuady has ambitious plans for its prepaid Mastercard, including integration with mobile wallets, which will allow users to make seamless contactless payments. This future capability aligns with the growing demand for secure, flexible, and convenient payment solutions. By focusing on innovation and customer-centric features, Kuady aims to strengthen its position in the rapidly evolving financial landscape of Latin America.

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