Local finance house Conister Trust is launching two new strategic initiatives.
The first is for pre paid cards, forecast they say to be one of Europe's fastest growing markets, through a new business division called Transbank.

These cards will allow customers to, amongst other things, buy and pay for goods in any shop that accepts MasterCard, withdraw cash at any ATM that accepts MasterCard, check the account status and recent transactions online and electronically transfer money to another TransBank card anywhere in the world.
Also to make mobile phone top-ups, hold a card in one of 3 major currencies ? or US$ or € and reload the prepaid card’s balance by paying in cash at various local outlets.

At the same time Conister Trust and Billing Services Group have entered into a partnership to jointly trial and market a solution for mobile operators to provide customers with prepaid accounts which will allow them to spend and transfer money using a debit card, a mobile phone or the Internet. They say the service will be especially suitable to those mobile phone users with needs outside the scope of the retail banking sector, such as parents transferring spending money to their children or migrant workers who send funds “home” on a regular basis.