i2c’s Agile Processing platform will power STACK, a new alternative to traditional banking
TORONTO, Feb. 20, 2018 /CNW/ – STACK today announced its selection of i2c, a global provider of smarter payments and integrated commerce solutions, as its official payments processor to enable secure payments through the STACK app and the STACK Prepaid Mastercard card. i2c’s advanced Agile Processing payments platform will enable STACK to build and rapidly scale personalized payments functionality to its members. STACK is a mobile app for fee-free money management, accompanied by a STACK Prepaid Mastercard. Member benefits such as real-time rewards, financial iQ, and curated offers provide a lifestyle-focused approach to financial services.
Leveraging i2c’s payments processing platform, STACK gives members the convenience and security to make purchases anywhere Mastercard is accepted, including in-store and online, and will ensure transactions adhere to fraud rules and spending limits.
“STACK is designed to provide smarter solutions to the way we interact with our money,” said Miro Pavletic, CEO of STACK. “Our selection of i2c as our payment processor is aligned with our mission to work with partners that provide innovative and efficient solutions so we can deliver a seamless and secure member experience from start to finish.”
“Helping our clients create and scale innovative and highly-differentiated payments solutions to their customers worldwide is our core competency,” said Amir Wain, i2c’s founder and CEO. “STACK is pushing the boundaries of financial innovation, and we look forward to helping them give their members a smarter way to spend, save, and share money, straight from their smartphones.”
Accessing i2c’s Agile Processing platform via API (application programming interface) integration allows STACK to quickly scale and expand product functionality and roll out feature-rich, secure payments solutions that attract members through superior user experiences and innovative capabilities. STACK will also use i2c’s integrated voice response system (IVR) to provide convenient and intuitive self-serve customer service options.
STACK is currently in private beta, scheduled to launch publicly early this year.
STACK is reinventing financial services and putting Canadians back in control of their money. Using intuitive technology and customizable tools, STACK delivers a smarter way to spend, save and share your money fee-free and straight from your mobile. Features like mobile tap-to-pay, automated savings, real-time notifications and relevant rewards empower people to make the most of their money so it’s there for what really matters.
For more information, visit: www.getstack.ca
About i2c Inc.
From its Silicon Valley headquarters, i2c provides smarter payments and integrated commerce solutions that financial institutions, corporations, brands, and governments around the world rely on to deliver high impact, personalized experiences today’s consumers expect. i2c’s single, global cloud-based platform supports virtually any card payment program in plastic, virtual, or mobile form. Our customers use the i2c Agile Processing platform to deliver profitable credit, debit, and prepaid solutions that meet the highly-differentiated needs of cardholders in 216 countries and territories. For more information, visit www.i2cinc.com.
For further information: Media Inquiries: Amanda Ashford, Head of Brand & Communications, STACK, +1 (416) 556-2634, firstname.lastname@example.org; John Sommerfield, VP, Corporate Marketing, i2c Inc., +1 (650) 480-5275, email@example.com