Banco do Brasil Americas® Launches EMV Prepaid Card on i2c Global Processing Platform

  Banco do Brasil Americas® Launches EMV Prepaid Card on i2c Global Processing
  Platform

  Makes payments more secure and convenient for consumers at home and abroad

Business Wire

REDWOOD CITY, Calif. & MIAMI -- June 9, 2014

i2c, Inc., a provider of payment processing and emerging commerce solutions,
and Banco do Brasil Americas® have partnered to launch the Banco do Brasil
Americas^® Multi-Currency prepaid MasterCard^® (BBA Prepaid Card). A general
purpose reloadable prepaid card, it is ideally suited to meet the financial
needs of consumers that travel internationally.

The BBA Prepaid Card supports both EMV chip and magstripe technology which
ensures its acceptance in the United States and abroad anywhere MasterCard is
accepted. Many countries outside of the United States have adopted EMV chip
technology for its increased security and fraud prevention capabilities. The
card's dual EMV/magstripe support eliminates the need for consumers to carry
cash or additional payment cards when traveling to other countries.

The card's multi-currency purse functionality provides additional convenience
for international travelers. A unique feature enabled by the i2c processing
platform, it allows cardholders to transfer funds into other currencies and
store them in purses, or sub-accounts, directly linked to the card. By using
multi-currency purses, consumers can lock-in favorable exchange rates while
avoiding the hassles and risks associated with carrying and exchanging paper
currency. The BBA Prepaid Card currently supports US Dollars, Brazilian Reais,
Canadian Dollars, Euros, British Pounds Sterling and Australian Dollars.

Banco do Brasil Americas President and Chief Executive Officer, Cassio Segura,
says, “We strive to create financial products and services that are
convenient, cost-effective and safe for consumers. By working with capable
partners like i2c, we were able to integrate a number of useful features into
the prepaid card so that it delivers these benefits.”

“Consumer-centric financial institutions like Banco do Brasil Americas place a
premium on tailoring their products to meet the varying needs of their
consumers,” says Amir Wain, chief executive officer, at i2c. “The execution of
this philosophy requires the support of a processor with unique capabilities
that can be customized and deployed quickly. We are happy to be serving Banco
do Brasil Americas in this capacity on another innovative program.”

Consumers can load funds to the BBA Prepaid Card via online account transfer,
and cash can be accessed surcharge-free by using the card at Banco do Brasil
Americas-branded ATMs. Self-service cardholder support is available in English
and Portuguese and live agent service is available in English, Portuguese and
Spanish. Interested consumers can sign up to receive a card by going to
www.bbamericas.com or by visiting a Banco do Brasil Americas branch location.

About i2c

From its Silicon Valley headquarters, i2c provides the infrastructure
financial institutions, corporations, brands and governments around the world
need to launch and profitably manage payment and next-generation commerce
products. i2c's global, cloud-based platform supports virtually any prepaid,
debit or credit program in plastic, virtual or mobile form. Clients on six
continents use the i2c platform to build profitable, differentiated payment
products and services that meet unique customer needs. For more information go
to www.i2cinc.com.

About Banco do Brasil Americas

Banco do Brasil Americas, a subsidiary of Banco do Brasil, offers a broad
array of financial services and products including retail banking, business
and corporate banking. For over 200 years, Banco do Brasil has provided
efficient, trustworthy banking to Latin America and the world. In January
2012, Banco do Brasil expanded its model by acquiring Eurobank Florida. Banco
do Brasil Americas was established to create a solid, reliable presence in the
US market. Four full-service branches are open in Miami, Boca Raton, and
Pompano Beach. Each branch is staffed with employees who speak English,
Portuguese and Spanish. Visit www.bbamericas.com for more information.

Contact:

i2c, Inc.
Melissa Telli, +1 650-480-5247
Director, Marketing & Communications
marketing@i2cinc.com
 
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