Moneybase is a Fintech subsidiary of Malta’s leading financial services firm, Calamatta Cuschieri Finance Group plc. In 2019, Moneybase partnered with the Compass Plus Technologies processing centre to add Mastercard to its financial product portfolio as a key part of its digitalisation strategy, enabling it to fully launch Malta’s first native mobile payments app. With the addition of Mastercard, the Fintech was able to launch Moneybase cards, which are offered throughout the whole of Europe as both physical or virtual cards that can be generated instantly in the Moneybase app. Furthermore, Moneybase offers its clients full control of their cards allowing them to freeze, unfreeze, view their pin and change several security settings such as altering online payments within the Moneybase app.
Compass Plus Technologies has been a key partner of Moneybase right from the beginning, helping the Fintech achieve its mission of making money simple for all customers. Moneybase chose the award-winning open development payments platform, TranzAxis, from Compass Plus Technologies to launch an end-to-end virtual and physical card issuing solution which facilitated the creation of multiple card products, from standard to premium. Further to this, TranzAxis has enabled Moneybase to provide its customers with a range of new features including the ability to create virtual cards instantly after onboarding, shop safely online using the in app 3DS2.x technology, as customers can approve payments securely within the app itself, as well as pay via Google Pay by adding a Moneybase card to Google Wallet.