The Carphone Warehouse is to launch a branded mobile prepay card in August.
Users can manage their card via their handset, using a secure application to top up their card directly from their bank account to purchase items in Carphone Warehouse stores and other retail outlets around the world. The card will be linked in with a major credit card issuer and can be used globally wherever that card issuer is accepted.
Carphone Warehouse chief executive Andrew Harrison said: “Our customers look to us to help them get more from their mobile phone or online experience.
“We’ve achieved this by creating award winning packages with the best possible value on the high street.
“The Carphone Warehouse prepay card, backed by mobile money management, will offer consumers a fantastic new way to manage their money whilst also ensuring that they get full value from our great offers.”