Lycamoney Mobile Money Transfer via Prepaid Card

The Lycamoney Card is a Chip & PIN prepaid MasterCard.


Link to external site : Website for Lycamoney Mobile Money Transfer via Prepaid Card
Lycamoney Mobile Money Transfer via Prepaid Card
Brand
Launched in
Status
Launch
Importance
Traction
Evaluation
Account Type
Prepaid Card
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Business Model
They claim that unlike some other cards on the market they will not charge you a monthly fee, a transaction fee for spending your money or a premium rate number to call them. Anyone who lives in the UK and is over 18 years old can have a Lycamoney Card. As the card is “pay as you go” you will not need to pass a credit check to get one. The initial £4.99 cost of the card will be returned to you as Lycamobile credit once you have activated and loaded your card for the first time
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Class
Send Services Receive

Mobile


Web


Card


PC


Wallet

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Card

DMT

IMT

MP

OP
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Card


PC


Wallet


Mobile


Web

Model
non-bank based
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Who Leads?
mobile operator led
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Reach
Active Users
Registered Users
Potential Mobile Market (m)
Regulations
Persona
Purpose
Active Services
Card Type
MasterCard
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ServicesDescription
Supports remittance to Globe GCASH and Wafacash Morocco
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Channels
Payment Instruments
Cash I/O Description
Cash I/O No Of Locations
Handsets
Technologies
Interoperability
Available on one MVNO in UK. MasterCard makes it interoperable: The Lycamoney Card is accepted at over 30 million locations worldwide and at more than 1.5 million ATMs
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RegistrationProcess
You will need to register and activate your card first
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Main Segment Migrants
Segment Description

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