Smart money app Yolt has inked a deal with PPS, formerly PrePay Solutions, for help to launch the launch of its contactless debit Mastercard.
The deal sees Yolt leverage PPS’ technology and licensing to enhance the user experience and equipping them with an e-money account linked to a PPS powered Mastercard debit card enabling the users to manage and spend money online and instore.
“Following the recent launch of Yolt Pay, we’re delighted to support this exciting FinTech in the next leg of its evolution, with its first ever card,” said Ray Brash, CEO of PPS. “We look forward to the future of our partnership supporting the company with a roadmap of enhancements and new functionalities.”
Pauline van Brakel, chief product officer at Yolt, added, “We’re incredibly proud of the progression of the Yolt app. Now, more than ever, is a time for people to be spending cautiously and saving where they can, preparing for any uncertainty that may lay ahead of us. We couldn’t have made this launch happen without the help of innovative partners such as PPS, who can improve our customer offering. In the future, we are excited about further enhancing our product by utilising PPS’ platform.”
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