SAN DIEGO, CA (May 15, 2012) Global Payout, Inc. says it has reached an agreement with Boundless Payment Solutions, Inc. (BPS) to issue international debit cards to foreign residents. Through BPS' direct bank relationships, Global Payout has launched a prepaid debit MasterCard with Cirrus/Maestro that can be issued to residents of most international countries.
The prepaid debit card will be linked to a bank account that they say will allow cardholders higher usage limits and more banking flexibility. Cardholders can access cash at over 1 million ATM locations and purchase goods and services from 30 million locations and online merchants. The international bank issuer provides for internet account access and 24/7 customer service in 16 languages.
"The demand for viable payout alternatives has increased in the international market," stated Jim Hancock, Global Payout CEO. "The prepaid debit MasterCard accounts will allow our multinational clients to efficiently make payments to its members and employees and provide for instant access to their funds."