ecoPayz "ecoVirtualcard" Launches to Receptive UK Market

LONDON, March 24, 2014 /PRNewswire/ --

ecoPayz, a leading global payments solutions provider has announced the launch of its one-use payment card allowing consumers to securely pay for goods online and over the phone.

The new ecoVirtualcard can be immediately acquired and used to spend around the world wherever MasterCard® is accepted. With the ability to run the card independent of the customer's bank account, the card offers maximum security and privacy - and expires once used, ensuring it can never be lost or stolen.

The competitively priced virtual card is already being hailed as the best alternative to similar products offered by banks, and owners of the card have ambitious plans for its future adoption around the globe. With the card available in GBP, USD and Euros and support staff fluent in 7 different languages the card is swiftly attracting a global customer base. It is particularly attractive to those who wouldn't otherwise qualify for a traditional bank account (as credit checks aren't necessary), and don't want to miss out on the increasing number of online-only deals currently offered by retailers.

Phil Davies, Managing Director of PSI-PAY Ltd, commented: "Take up has been phenomenal and we're delighted with customer feedback which has so far indicated that this is one of the safest, most economical and versatile product on offer. We have spent a year developing this product and each step of the way we have consulted the very people that we have designed it for. We wanted to get it absolutely right rather than being yet another virtual card out there and I'm proud to say we have achieved that."

Previously hesitant shoppers citing security fears as a barrier to online shopping are now also being drawn to the card, which is expected to further increase and diversify its customer base over the next 12 months.

Further information can be found at

http://www.ecopayz.com/en-GB/Cards-ecoVirtualcard

About ecoPayz

ecoPayz is a brand of PSI-Pay Ltd, a global payment solutions provider offering instant, safe and convenient payment services to customers and businesses across the globe. With over 13 years' expertise, we pride ourselves on the quality of payments products and associated services that we provide to our growing customer base.

About PSI-Pay Ltd

Globally renowned for our secure, online e-wallet, PSI-Pay is an FCA regulated company that provides an instant, secure and private means for individuals and businesses to send and receive money globally.

PSI-Pay is authorised by the FCA under the electronic money regulations 2011 (register reference 900011) for the issuing of electronic money.

PSI-Pay is also an established member of MasterCard offering bespoke virtual and physical card programs for companies and individuals worldwide. These include corporate expense management and remote staff payment schemes that utilise PSI-Pay's self-card and account issuing facilities.      

MasterCard is a registered trademark of MasterCard International Incorporated.

Learn more about PSI-Pay at http://www.psipay.com or contact us at business@psipay.com

Notes to editor

For press queries please contact Humaira Pilkinton on +44(0)7985-354895.