eToro will issue its own debit cards

31.07.2020 / Payment system news

The investment platform eToro will issue its own debit cards in cooperation with specialists from Marq Millions, which will become the issuer of plastic. It is worth noting that eToro recently acquired this company, due to which it has already received a number of advantages: the status of a full Visa member and the right to use the license of the British Financial Conduct Authority, which was previously owned by Marq Millions.

At first, the card will be available only to eToro Club members in the United Kingdom, but then, according to experts, it will be possible to use it in European countries. Thus, plastic will satisfy the long-standing customer request for cash withdrawals.

“Launching a card project is a natural next step for the company as we expand the range of services for our clients. We hope that our users will appreciate the map, ”said the head of eToro, Yoni Assia.

We add that eToro’s customer base is currently about 14 million people.