Issuer processor set to continue powering Sesame Cash Card, amidst strong growth of product
–i2c Inc., a leading provider of digital payments and banking technology, announced that it has extended its partnership with credit and personal finance management platform Credit Sesame, as the exclusive payments processor for Sesame Cash, until 2025.
Download Our Top Whitepaper : Building Reliable and Secure Fintech Systems in 2022
“i2c is dedicated to working with disruptors like Credit Sesame who are innovating payment tools to provide users with a path to credit access, and ultimately financial freedom.”
Sesame Cash is a free prepaid debit card that, when paired with the Credit Builder feature, helps consumers improve their overall financial wellness and credit score, through a debit and secured credit card program on the Mastercard network. One of the fastest-growing digital banking services in the U.S., Sesame Cash helps users graduate from debit to secured credit through credit-centric benefits including free daily credit score refreshes, cash rewards for improving credit and $1 million in credit and identity protection.
“We have been working with Credit Sesame since the Sesame Cash launch in 2020 and are honored to continue serving as the platform’s trusted processing partner for another three years,” said Amir Wain, founder and CEO of i2c Inc. “i2c is dedicated to working with disruptors like Credit Sesame who are innovating payment tools to provide users with a path to credit access, and ultimately financial freedom.”
Browse The Complete News About Fintech: Allied Payment Network Partners with Bankjoy to Offer Superior Digital Payment Tools
“Sesame Cash was built to address the need for a more inclusive and accessible credit system for the millions of Americans with limited credit history,” said Miro Pavletic, Credit Sesame GM Global Banking. “With i2c, we’re able to provide personalized card, banking, and payment programs that allow traditionally marginalized consumers to access financial services that also work to help build their credit and increase their financial wellness. We look forward to our continued partnership with i2c as we expand Sesame Cash to millions of users across the U.S.”
Additional Sesame Cash banking features include early payday, real-time transaction notifications, easy access to funds, early direct deposit of up to two days, the ability to freeze or unfreeze the debit card in-app and virtual card integration with most major mobile wallets.
Read More About Fintech News : Lincoln International Signs Definitive Agreement to Acquire Spurrier Capital Partners
[To share your insights with us, please write to sghosh@martechseries.com]
