The i2c, Marygold & Co. team on the contactless Mastercard

Digital payments and banking company i2c has partnered with Colorado-based FinTech firm Marygold & Co. on its tap-to-pay debit Mastercard and new customer-centric savings program, according to a Wednesday, July 6 Press release.

Marygold & Co. will leverage i2C’s payment application programming interfaces (APIs) to develop its Spend Now Checking and Money Pool Savings interfaces, giving cardholders the ability to control their spending and save for important life events. Payments will be processed on the Mastercard network and cardholders will be supported by i2C’s fraud management network, the statement said.

“We were already familiar with i2c through their widespread presence in the processing space and knew we wanted to work with them because of their deep domain expertise, global connections to all major card networks, and ability to market card programs quickly,” said Marygold & Co. Co-Founder Nicholas Gerber in the release.

The Marygold & Co. contactless debit Mastercard program will authenticate payments with no signature or PIN required and enable real-time payments to anyone in the United States with an email address or mobile phone number, according to the statement. .

The Money Pool Savings program will offer unlimited savings accounts with automated funding and goal-setting features, the statement said. Marygold & Co. will roll out the programs in the United States before expanding into other global markets in the coming years.

“Marygold & Co. is reimagining payments through a modern lens and serving its customers with a high-tech, high-touch approach,” said i2c’s Chief Customer Officer. Serena Smith in the release. “i2c was designed to enable innovators like Marygold & Co. to get started with faster time-to-market and innovation cycles, and we’re proud they chose us to bring their payments vision to life. .”

In April, i2C partnered with American Express in an expanded multi-product agreement to develop payment solutions for customers on the American Express network, giving FinTechs access to Amex offerings, the Resy , ticket pre-sales and fraud protection and mitigation offers.

Read more: Amex and i2c launch a payment platform for FinTechs

——————————

NEW PYMNTS DATA: HOW UTILITIES AND CONSUMER FINANCE COMPANIES CAN IMPROVE THE BILL PAYMENT EXPERIENCE

About: More than half of utilities and consumer finance companies have the ability to digitally process all monthly bill payments. The kicker? Only 12% of them do. The Digital Payments Edge, a collaboration between PYMNTS and ACI Worldwide, surveyed 207 billing and collections professionals at these companies to find out why going digital remains elusive.

More Stories
Can insurers charge you higher premiums if you don’t get the vaccine?