Under the terms of the agreement, The Co-operative Bank’s UK-based authorities and public sector organisation customers will be able to use the APS prepaid cards in order to make payments to any client group. APS’ Cashplus Gold MasterCard prepaid product is set to allow consumers to carry out POS, telephone and online payments as well as perform cash withdrawals at ATMs which display the MasterCard logo.
The partnership builds on an existing five-year relationship between The Co-operative Bank, APS and the UK Post Office which is set to allow individuals, small businesses and local authorities to load funds to their prepaid cards at local UK post office outlets.
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