Citi starts prepaid service in Asia

MANILA, Philippines - Citi’s Global Transaction Services has officially launched Citi Prepaid Services to clients in Asia Pacific. The services provide customized prepaid card solutions for corporate and public sector clients looking for more effective and convenient ways to deliver payments, including payroll, consumer incentives and commissions.

Following the successful roll-out of the platform, Citi is currently implementing several marquee programs for clients in Australia and is in the process of launching in additional Asia Pacific markets.

The services has revolutionized payments for payroll, consumer incentives, sales commissions and government benefits, converting costly paper dependent processes into an electronic solution that leading public and private corporations across a variety of industries already rely on, including more than 50 of the Fortune 100 and over 1,300 corporations globally.