MONEY FM 89.3MONEY FM 89.3

Influence: YouTrip secures MasterCard license to issue own cards

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Singapore first multi-currency mobile wallet, YouTrip, is the first multi-currency fintech issuer in Singapore to be granted the Mastercard prepaid license. Having partnered with Mastercard and EZ-Link to launch in Singapore in August last year, YouTrip will take over from EZ-link as issuer and stored value facility holder of YouTrip accounts. What are the fees for this prepaid YouTrip card with Mastercard, and how do the fees compare to similar cards offered by companies like Transferwise, Revolut and Instarem? Caecilia Chu, Co-founder and CEO of YouTrip shares more.

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