16 February 11
Orange launches ‘Orange Cash’ - the UK’s first major contactless prepaid card
- New, easy-to-use contactless Orange Cash prepaid MasterCard® allows customers to make faster payments on the high street
- Orange Cash customers earn points as they spend, which are redeemable against a great range of rewards including Pay As You Go Orange texts, airtime, credit or Orange shop vouchers
- MasterCard PayPass™ Contactless card technology enables customers to quickly make purchases of £15 or under wherever the contactless symbol is displayed
Orange today announced the launch of Orange Cash, the UK’s first major contactless prepaid MasterCard card. Allowing customers to take total control of their spending, the prepaid card is a secure alternative to carrying around cash and can be used in over 30 million locations that accept MasterCard within the UK and abroad, as well as online. The announcement follows the launch of the Orange contactless credit card in 2010 and this year’s roll out of a commercial contactless mobile payments service on Orange.
Perfect for the first time bank card user, the Orange Cash prepaid card costs just £5 and can be loaded up to £5,000* with the peace of mind that you can never spend more than you load. The card is also ideal for students who want to manage their spending and for holidaymakers who want a hassle free, safe alternative to cash so they can focus on kicking back and enjoying the sun. Orange Cash prepaid cards can be loaded with money at over 22,000 shops and petrol stations across the UK with the PayPoint logo, at 12,000 Post Offices, over 450 Orange Retail stores and online on the Orange Cash website.
The Orange Cash card is also the UK’s first prepaid card to be offered with rewards that can be used on the customer’s Pay As You Go mobile phone (Orange Pay As You Go phones only). Earning one Orange prepaid reward point for every £1 spent***, customers can redeem their rewards** online for free texts, airtime, credit on Orange Pay As You Go phones or vouchers for use in Orange shops.
Orange Cash prepaid customers also benefit from the ease and convenience afforded by contactless technology. By simply holding their Orange Cash card close to a contactless reader, customers can pay for purchases of £15 and under without the hassle of loose change. Contactless payments offer a quicker and more convenient way to pay.
The prepaid card has been developed for Orange by PrePay Solutions, the UK and Europe's leading prepaid services company.
Orange Cash also helps customers manage their money securely from their mobile while on the move. After registering their card, customers can access the main features of their Orange Cash account from their mobile to keep up to date on any transactions. In addition Orange Pay As You Go customers can manage their account just by texting 311. It’s also easy to top up an Orange Pay As You Go Phone from the Orange Cash account, while funds can also be transferred between Orange Cash cards.
Pippa Dunn, Vice President of Orange Propositions said: “We’re excited to be launching such an innovative product for UK consumers in the financial services space. With Orange Cash, users will not only benefit from the convenience and control our new contactless prepaid card will offer them, but the unique ability to collect and redeem rewards against future Orange products and services – helping them make their money really work for them each time they spend.”
For more information on Orange Cash prepaid card, please go to www.orange.co.uk/orangecash
Notes to Editors
* PrePay Solutions, the card service provider, is legally required to confirm a customer’s identity upon receipt of the application. As long as this is possible, the customer will receive a card that allows them to shop online and in the high street, as well as withdraw money from ATMs, up to a maximum spend limit of £5,000. If PrePay Solutions is not able to fully confirm a customer’s identity by verifying the address the customer has entered on their application, they will receive a card that still lets them shop everywhere, but has a total spending limit of £1,600 a year (up to £600 of this can be withdrawn from ATMs). The single transaction limit is £600 and loading via debit or credit card is not possible.
** Orange Cash Example Rewards Table
*** Rewards are only available on eligible purchases*
Or ORL voucher
|500||200||unlimited for 1 month||£5||£5|
|2000||1000||unlimited for 6 months||£20||£20|
*Eligible Purchases = purchase of goods or services based on cleared transactions except for: - Refunded transactions (example refund in a shop or a disputed transaction) - Gambling transactions (based on Gambling Merchant Category Code) - Account to Account Transfers -ATM withdrawals -Fees/charges to card account - Airtime top-ups
For full T&Cs please orange.co.uk/orangecash
This card is issued by PrePay Solutions, pursuant to a license by MasterCard International Incorporated. MasterCard is a registered trademark and MasterCard PayPass is a trademark of MasterCard International Incorporated.
About Orange UK
Orange is the key brand of the France Telecom Group, one of the world's leading telecommunications operators. With almost 131 million customers, the Orange brand now covers Internet, television and mobile services in the majority of countries where the Group operates.
In the UK, Orange provides high quality GSM coverage to 99% of the UK population, and 3G coverage to more than 93%.
Orange and any other Orange product or service names included in this material are trade marks of Orange Brand Services Limited.
On July 1 2010, the company became part of Everything Everywhere, one company that runs two of Britain's most famous brands - Orange UK and T-Mobile UK - with plans to transform the industry by giving customers instant access to everything, everywhere, offering them the best value, best choice and best network coverage in the country. Everything Everywhere Limited is the UK’s biggest communications company, with a combined customer base of almost 28 million people and more than 720 retail stores across the country. Everything Everywhere Limited is registered at Hatfield Business Park, Hatfield, Hertfordshire, AL10 9BW under the registered company number 02382161.
For more information please call the Orange Press Office 0870 3731500, or visit www.orange.co.uk/newsroom
About PrePay Solutions
The UK and Europe's leading prepaid services company is an alliance between Edenred (formerly Accor Services) and MasterCard Worldwide. Drawing on 10 years experience and the combined strengths of its shareholders, PrePay Solutions delivers excellence in prepaid.
The company’s work is driven by five values: entrepreneurialism, innovation, performance, simplicity and sharing.
PrePay Solutions designs and manages closed, open and controlled loop prepaid programmes including Retail Gift and Promotional Cards, Prepaid Debit, Rewards and Incentives, Payroll, Corporate Expenses and Benefits Cards. Each programme is tailored to meet the specific needs of PrePay Solutions’ clients, who are based in the retail, corporate, online, mobile, travel, and financial sectors.
For more information please visit www.prepaysolutions.com
Press release: Products & Services
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