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Carta Receives Certification and Approval from UAE Central Bank
Carta technology has passed all required testing to complete both issuing and acquiring certification from the UAE Central Bank for prepaid and ATM debit cards. This certification making MGP only the 4th Third Party Processor ("TPP") in the UAE to be authorized to connect to the Central Bank UAE Switch.
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Carta selected as processing partner for MasterCard consortium to deliver contactless payments at events
Carta is pleased to announce that the Company has been selected as the processing partner and member of a consortium to provide contactless payment services for numerous events supported by MasterCard.
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Carta Worldwide Bridging the Gap to Enable NFC Mobile Payments
Carta is excited to deliver a market-ready solution to bridge the gap between contactless cards and mobile payments.
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Blueberry Launches CashBack Card in UK with Carta Worldwide
Blueberry Card Services and Carta Worldwide introduce a revolutionary prepaid card product that offers cash back for every purchase.
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Carta Demonstrates World First On-Demand EMV Issuance at Cartes 2011
Carta is pleased to participate in Cartes 2011 in Paris as a selected innovation partner with MasterCard Worldwide. For the three-day event, Carta will be demonstrating on-demand EMV prepaid card issuance with MOTAPS (MasterCard Over-The-Air Provisioning Service)
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Prepaid Financial Services Launches Virtual Card Products for European Market
Carta is pleased to announce the product launch of a new suite of innovative virtual card products, which will be brought to market by Prepaid Financial Services (PFS) and issued by Transact Network Limited (TNL). New virtual card products will allow cardholders to shop on-line, while keeping cardholder information protected.
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Carta Announces Formation of Middle East Transaction Processing Company
Carta Worldwide announces that the Company has signed a binding Memorandum of Understanding with Mint Technology Corp. ("Mint"), for the formation of Mint Global Processing LLC (MGP). MGP will utilize Carta’s processing technology platform, to extend capability for processing a range of mobile banking and other financial products throughout the Middle East and North Africa (MENA) for other financial institutions.
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Carta Announces Two New Appointments
Carta is pleased to announce the appointment of two new members to the Carta management team: Wayne Clarke and Nemer Abourizk. Mr. Clarke has been appointed Chief Financial Officer, and brings deep payment industy expertise to Carta's management team. Mr. Abourizk will be acting in a legal and advisory role, and draws on extensive experience in technology, telecom and financial growth business.
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Carta Closes $4.3 Million in Equity Financing
Carta is pleased to announce the closing of a $4.3 million equity raise. Multiple investors participated, including participation from existing Carta shareholders, as well as new investors. The proceeds will be used to fund on-going research and development and business development activities.
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Carta Completes World First with MasterCard
Carta is the first global processor to integrate the MasterCard Mobile Over-the-Air Provisioning Service (MOTAPS) – the world’s first and only enabling platform for Near Field Communication (NFC) programs.
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Company Summary
Carta is an international leader in electronic payments and transaction processing technology, specializing in prepaid, mobile and emerging payments. Carta's next-generation platform, specifically architected to meet the complexities of the evolving payments environment, excels where legacy systems are challenged; delivering end-to-end solutions that manage risk, enhance accuracy, and optimize profitability.