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London, 9 January, 2025 – Kuady, the leading payments service processor, for Latin America, has today announced the launch of its physical prepaid Mastercard, expanding its payment options for users in Peru. Following the success of Kuady’s virtual card, the physical card provides a secure, flexible and convenient way for users to make in-store payments.
Integrated with the Kuady app, the physical Kuady card also allows users to make secure in-store purchases with any merchant accepting Mastercard using their Kuady wallet balance. Online payments can continue via the virtual card, providing a flexible mix of both digital and physical payment options.
The launch follows the introduction of Kuady’s virtual prepaid Mastercard in August last year, which focused on online transactions. Through the Kuady card, merchants can now provide their customers with instant cash-outs, giving consumers real-time access to their funds.
The introduction of the physical card underscores Kuady’s commitment to delivering more secure, versatile and convenient payment experiences across the region. Leveraging Mastercard’s robust and secure payment infrastructure allows Kuady to continue to deliver reliable and flexible payment solutions.
Lorenzo Pellegrino, CEO at Kuady said: “We’re excited to bring the physical Kuady Card to our users in Peru, where the demand for secure and versatile payment options continues to grow. Following the success of our virtual card, this launch marks another important step in expanding our services. The physical Kuady Card offers our customers even more convenience by enabling in-store payments, while maintaining the same level of security. We are committed to providing our users with the flexibility to manage their finances however they choose—whether online or in-store.”
About Kuady
Kuady is the registered business name of Open Payment Technologies Ltd a company incorporated in the Isle of Man under company number 136352C with its registered office at Second Floor, The Old Court House, Athol Street, Douglas, Isle of Man, IM1 1LD. Open Payment Technologies Ltd is licensed and regulated by the Isle of Man Financial Services Authority to carry on Electronic Money Transmission Services and is managed on a day to day basis by Mario Ricciardi – Managing Director who is located in the Isle of Man.
Launched in July 2024, Kuady is a digital wallet app that aims to revolutionize financial management for merchants and users worldwide. With a focus on innovation, user-friendliness, and financial inclusion, Kuady provides diverse payment methods and a range of benefits for merchants and users alike.
Kuady is a digital wallet app that aims to revolutionise financial management for merchants and users worldwide. With a focus on innovation, user-friendliness, and financial inclusion, Kuady provides diverse payment methods and a range of benefits for both merchants and users.
To learn more about Kuady, visit www.kuady.com
