Wave Crest Group Ltd. will be the prepaid program manager for Advanced Cash's new MasterCard program.
The Advanced Cash MasterCard payment services platform allows business owners, freelancers, and program managers to pay partners and receive payments through one account.
With Wave Crest added to this program, Advanced Cash customers have the flexibility to elect a virtual prepaid card account to gain access to funds, the United Kingdom-based digital payments company says in an April 14 news release.
Advanced Cash users can also upgrade to a plastic card for use in stores and at ATMs.
"Wave Crest's Service-Oriented Architecture and rich [application programming interface] library will accommodate the registration, loading and servicing of a prepaid card account, offering our customers frictionless, cloud-based MasterCard capabilities," says Yaacov Bitton, CEO of Advanced Cash, in the release.
The Advanced Cash MasterCard program is expected to start next month.