|Phone||+1 305 372.8695|
|Description||Prepaid card service provider|
NovoPayment is Latin Americaâ€™s leading prepaid card service provider and program manager. The company is the regionâ€™s first non-financial institution to be granted a Principal Member license by MasterCard Worldwide for the issuance of branded prepaid cards. Founded in 2004 and headquartered in Miami, Florida, the company develops and operates comprehensive turnkey programs through its local, in-region subsidiaries (Tebca and Servitebca), partnering with banks, mobile phone operators, utilities, government agencies and entities, retail chains, micro-financing institutions, and consumer goods and services companies. A privately owned company, NovoPayment is a recognized leader in providing prepaid products and services such as reloadable general-purpose cards and electronic benefits transfer (EBT) and cash management solutions based on stored value. All programs are backed by widely accepted brands like MasterCardÂ®, MaestroÂ®, VisaÂ® and Visa ElectronÂ®.
NovoPayment and its subsidiaries are at the forefront of a global business movement that is changing the lives of low-income populations throughout the world, along with the prospects of the companies, governments and organizations that serve them. The financial instruments we bring to the market play a critical role in reversing decades of social inequality and economic inefficiency. Geared toward the base of the socioeconomic pyramid, this endeavor seeks to create new market opportunities and connect millions of people to the formal economy and to the global marketplace of goods and services.