– The PATRIOT Card was designed for Veterans by Veterans to provide a Safer, More Convenient, and More Secure Solution to Receive Benefits and Manage Money –
MOCA, a provider of advanced digital accounts with self-issued virtual cards and payment processing in one turnkey platform and the Association of Military Banks of America (AMBA) are pleased to announce the launch of the PATRIOT Card for active-duty military members, veterans, and those who support our military. The PATRIOT Card is a superior way to receive government benefits and to safely, securely, and conveniently make payments, move money, and manage finances.
Latest Fintech Interview Global Fintech Interview with Brian Halpin, SVP, SS&C Blue Prism Internal Automation
“The PATRIOT Card is just one more way we demonstrate our commitment to that mission.”
Veterans and current members of our military often have unique challenges when it comes to receiving their pay and benefits, moving money, making payments, and managing their finances that are not always adequately addressed. In 2022, MOCA and AMBA decided to do something about that and, working together, ultimately designed and are now launching the PATRIOT Card.
Read More About Fintech Interview: Global Fintech Interview with Ralph Dangelmaier, CEO & Board Member at BlueSnap
A few things set the PATRIOT Card apart from existing solutions for active-duty military members, veterans, and those who support our military:
- “White glove” call-center service
- Cash-back rewards
- An intuitive mobile app with advanced security, “card off” and other revolutionary card controls, real-time transaction alerts, multiple ways to move money quickly and conveniently, and direct deposit of government benefits
- A portion of every purchase goes to organizations that support veterans.
“AMBA and our member banks support our nation’s military and veteran communities. That includes providing them with exemplary financial products and services to make their lives easier,” said Maj Gen (Ret.) Steven J. Lepper, President & CEO of AMBA. “The PATRIOT Card is just one more way we demonstrate our commitment to that mission.”
“AMBA understands the unique challenges our active-duty military members and veterans face, and MOCA understands payments, security, and technology,” said John Burns, CEO of MOCA. MOCA’s multiyear collaboration with AMBA was a perfect fit that culminated in the PATRIOT Card, and we are confident it provides a superior experience to what most members of our military and veterans use today and are proud to be a part of it.”
Browse The Complete Interview About Fintech : Global Fintech Interview with Marc Kuzak, Vice President of Legal at Yapily
[To share your insights with us, please write to sghosh@martechseries.com]
