Riders can now buy faucet and go transit playing cards at native bodegas and neighborhood retailers
MIAMI, FL / ACCESSWIRE / March 21, 2022 /Cuentas, Inc. (NASDAQ:CUEN & CUENW) (“Cuentas”), a number one fintech supplier of cellular banking and fee options centered on Hispanic and Latino communities, as we speak introduced that it has partnered with InComm Funds, a number one funds know-how firm to distribute transit playing cards (faucet and go) at collaborating retail places in New York Metropolis.
Cuentas, in partnership with InComm Funds and pay as you go telecom and digital supplier SDI Black 011 (SDI), has built-in with New York Metropolis’s new fare fee system to allow retail gross sales and reloads of transit playing cards.
Transit good playing cards are the most recent and simplest way for riders to pay for public transportation. They’re presently accepted throughout all subway stations and on all buses, permitting riders to faucet and go all through New York Metropolis.
“Everybody wants a quick and straightforward option to pay for transit fares and making these playing cards out there at retail places offers all riders higher entry to the faucet and go system,” stated Jeff Johnson, CEO of Cuentas. “Our funds card know-how, along with InComm Funds’ transit options and SDI’s retail software program capabilities, are enabling entry on this important retail channel, with extra places to return on-line within the coming months.”
“Transit packages like this want retail places upon which riders can constantly rely,” stated Michael Herold, Vice President of Enterprise Improvement at InComm Funds. “This retail entry makes it straightforward for customers, particularly those that could also be cash-preferred, to buy fares and reload their transit accounts. These native retailers, in the meantime, profit from the extra foot visitors.”
Riders can merely buy transit playing cards at retail after which faucet and journey at collaborating New York Metropolis transit stations all through the area. As soon as bought, they’ll reload their present card at any of those retail places or within the Cuentas app. Cuentas prospects can even use their Cuentas card and account to reload transit playing cards instantly within the Cuentas app.
Transit playing cards presently help a full-fare, pay-per-ride possibility, together with free transfers. Extra fare choices shall be out there throughout future phases of the rollout, together with diminished fares, scholar fares, particular packages, and extra.
About Cuentas
Cuentas, Inc. (Nasdaq: CUEN & CUENW) is a fintech e-banking and e-commerce service supplier with proprietary know-how that delivers digital monetary providers to the underbanked and un-banked Hispanic and Latino inhabitants. Our services and products increase entry to cellular and on-line banking providers together with pay as you go debit, ACH deposits, entry to money by way of ATM, peer-to-peer, home and worldwide cash transfers, add money at greater than 70,000 places. The Cuentas Normal Goal Reloadable (GPR) Card features a digital pockets, reductions for purchases at main bodily and on-line retailers, rewards, and the flexibility to buy digital content material. Study extra at https://cuentas.com/
About InComm Funds
InComm Funds is a worldwide chief in modern funds know-how. Leveraging dynamic know-how and confirmed experience, InComm Funds delivers enhanced end-to-end fee platforms and rising monetary know-how options that assist companies develop throughout a variety of industries together with retail, healthcare, tolling & transit, incentives, cellular funds and monetary providers. By enabling omnichannel connections to an ever-expanding client base in an more and more digital ecosystem, InComm Funds creates seamless and priceless commerce experiences throughout the globe. With three many years of expertise, over 500,000 factors of distribution, 402 international patents and a presence in additional than 30 nations, InComm Funds leads the funds business from its headquarters in Atlanta, Ga. Study extra at www.InCommPayments.com.
Ahead-Trying Statements
This information launch comprises “forward-looking statements,” as that time period is outlined in part 27a of the USA Securities Act of 1933, as amended, and part 21e of the USA Securities Change Act of 1934, as amended. Statements on this press launch, which aren’t purely historic, are forward-looking statements and embrace any statements relating to beliefs, plans, expectations, or intentions relating to the longer term. Aside from the historic data introduced herein, issues mentioned on this information launch comprise forward-looking statements which are topic to sure dangers and uncertainties that would trigger precise outcomes to vary materially from any future outcomes, efficiency or achievements expressed or implied by such statements. Statements that aren’t historic details, together with statements which are preceded by, adopted by, or that embrace such phrases as “imagine,” “plan,” or “count on” or comparable statements are forward-looking statements.
Media contacts
Anthony Popiel
Dalton Company
404.876.2800 x 1309
apopiel@daltonagency.com
Nilce Piccinini
InComm Funds
404-935-0377
npiccinini@incomm.com
Investor Relations
Cuentas, Inc.
800-611-3622
data@cuentas.com
SOURCE: Cuentas, Inc.
View supply model on accesswire.com:
https://www.accesswire.com/693902/Cuentas-Companions-with-InComm-Funds-to-Make-New-Transit-Card-Obtainable-at-A whole lot-of-New-York-Metropolis-Retail-Places