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Global Payout, Tyburn Group to develop international eWallet payment service

Tuesday 9 August 2011 10:40 CET | News

US-based electronic payment and prepaid debit card services provider Global Payout has entered a partnership with Tyburn Group, a prepaid card programs provider, to co-develop an international eWallet payment service.

The jointly developed eWallet payment service will allow multi-national companies to pay their members or employees in foreign countries via a web-based portal in several currencies. Therefore, eWallet account-holders will be able to transfer money from their online account or by mobile phone to bank accounts or prepaid debit cards. The payment platform will receive license from RS2 Software, a global provider of card payment services, IT consultancy and related services.Global Payout is expected to launch the eWallet payment service in January 2012.

Global Payout offers an international payment platform allowing accountholders to move money to personal bank accounts in over 200 countries. Moreover, the company provides for US and international debit cards, enabling accountholders without bank accounts to access funds worldwide.


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Keywords: Global Payout, Tyburn Group, international, eWallet payment service, online
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce