Moorwand, the international payments company and programme BIN sponsor, has signed a partnership agreement with Rêv Worldwide (“Rêv”), a global payments product innovation and processing company, to collaborate on one of its flagship travel payment programmes launched last autumn with Scandinavian Airlines and Mastercard.
Rêv developed the SAS Travel WalletTM, in partnership with the leading airline in the Nordics, Scandinavian Airlines. It was specifically designed for EuroBonus loyalty programme members residing in Norway, Denmark, Sweden, and Finland, as a way to give members the ability to earn miles and pay in local currency when traveling abroad. With 13 currencies available in real-time directly from the programme’s mobile application, the SAS Travel Wallet programme is also conveniently linked to a personalised reloadable SAS branded Mastercard debit card, giving EuroBonus members universal acceptance at merchants and ATMs worldwide.
Moorwand is providing the BIN Sponsorship and E-Money License services to maintain and grow the programme currently available to the Nordic EuroBonus members, as well as supporting the expansion of Travel Wallet across Europe within the next few months, commencing with the UK in May 2019.
Robert Courtneidge, CEO of Moorwand, said, “This partnership with Rêv is a key indication of the opportunities for prepaid products in the travel sector. We are excited to work with an innovator like Rêv and add such a prestigious card programme to our portfolio. Our entry into the travel space to support next-generation prepaid solu0ons shows the diversity we can offer to payment providers in any sector to deliver on their requirements.”
Roy Sosa, Rêv Chairman and CEO added, “We are delighted to welcome Moorwand onboard as one of our key issuing licensed partners. Working with Moorwand has already shown us they are one of the most innovative BIN Sponsors in the European payments space, as we have been able to deliver the high calibre service our programme partners expect, offering faster time to market and the flexibility necessary in this evolving industry. We look forward to expanding our collaboration as we con0nue to deliver exceptional value to our partners and their members.”
The SAS EuroBonus Travel Wallet Mastercard is available to all Travel Wallet account holders upon request. The Card is issued by Moorwand Ltd., pursuant to a license by Mastercard International Inc., and subject to programme Terms & Conditions. To learn more about the SAS Travel Wallet, please visit www.sastravelwallet.com.