Stack selects i2c for new mobile payments platform
Toronto-based Stack has chosen i2c as its official processor for payments through its app and prepaid Mastercard card.
As reported in September 2017, fintech challenger Stack partnered with Mastercard ahead of the beta launch of its mobile financial services app and companion prepaid card. Stack is still in private beta, and is scheduled to launch publicly early this year.
In the latest development, Stack says its member benefits include real-time rewards, financial iQ, and curated offers.
In turn, i2c’s platform gives its 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”.
i2c’s platform is accessed via API integration, which Stack says gives it the ability to expand product functionality and roll out payments solutions.
Stack will also use i2c’s integrated voice response system (IVR) for self-serve customer service options.