i2c’s Agile Processing platform will power STACK, a new alternative to traditional banking
TORONTO, ON – February 20, 2018 – STACK today announced its selection of i2c, a global provider of smarter payments and integrated commerce solutions, as its official payments processor to enable secure payments through the STACK app and the STACK Prepaid Mastercard card. i2c’s advanced Agile Processing payments platform will enable STACK to build and rapidly scale personalized payments functionality to its members. STACK is a mobile app for fee-free money management, accompanied by a STACK Prepaid Mastercard. Member benefits such as real-time rewards, financial iQ, and curated offers provide a lifestyle-focused approach to financial services.
Leveraging i2c’s payments processing platform, STACK gives members the convenience and security to make purchases anywhere Mastercard is accepted, including in-store and online, and will ensure transactions adhere to fraud rules and spending limits.
“STACK is designed to provide smarter solutions to the way we interact with our money,” said Miro Pavletic, CEO of STACK. “Our selection of i2c as our payment processor is aligned with our mission to work with partners that provide innovative and efficient solutions so we can deliver a seamless and secure member experience from start to finish.”
“Helping our clients create and scale innovative and highly-differentiated payments solutions to their customers worldwide is our core competency,” said Amir Wain, i2c’s founder and CEO. “STACK is pushing the boundaries of financial innovation, and we look forward to helping them give their members a smarter way to spend, save, and share money, straight from their smartphones.”
Accessing i2c’s Agile Processing platform via API (application programming interface) integration allows STACK to quickly scale and expand product functionality and roll out feature-rich, secure payments solutions that attract members through superior user experiences and innovative capabilities. STACK will also use i2c’s integrated voice response system (IVR) to provide convenient and intuitive self-serve customer service options.
STACK is currently in private beta, scheduled to launch publicly early this year.
About STACK
STACK is reinventing financial services and putting Canadians back in control of their money. Using intuitive technology and customizable tools, STACK delivers a smarter way to spend, save and share your money fee-free and straight from your mobile. Features like mobile tap-to-pay, automated savings, real-time notifications and relevant rewards empower people to make the most of their money so it’s there for what really matters.
For more information, visit: www.getstack.ca
About i2c Inc.
An award-winning global financial technology innovator powering credit, debit, prepaid, core banking, and money movement solutions, i2c unifies banking and payments in an all-in-one platform, transforming product personalization with a customer-centric architecture and accelerating speed-to-market with composable building-block solutions. Financial institutions and fintechs globally trust i2c to help them quickly and efficiently configure and scale differentiated financial offerings in an evolving, competitive market. Powered by innovation and driven by trust for more than 24 years, i2c blends modern ingenuity with expert reliability to supercharge exceptional banking and payments experiences for millions of users and billions of transactions worldwide.
For more information, visit i2cinc.com and follow us at @i2cinc.
Media Inquiries:
Amanda Ashford
Head of Brand & Communications
STACK
+1 (416) 556-2634
amanda@getstack.ca