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Chilean Fintech Global66 and Mastercard Launch New Prepaid Card

Chilean fintech Global66 announced the launch of its new Mastercard prepaid card, which allows international transfers and currency exchange. The partnership aims to facilitate access to a global product that incentivizes financial inclusion for millions of people. This new prepaid card comes in response to the demand for affordable, high quality financial products, and after Global66 received more than 20,000 sign-ups on its waiting list.

Founded in 2018 in Chile, the fintech already has presence in Colombia, Peru, Argentina, Brazil, Mexico, Ecuador and the United States, Global66 already obtained the CMF license through its Global Card society to issue non-bank payment cards, and became the first and only Chilean fintech to achieve this.

Global66 explains that the card has no extra costs or hidden fees. Moreover, the card allows users to withdraw money in and outside the country in associated ATMs; make payments for domestic services, favorite apps, subscriptions or easily make purchases at any e-commerce associated with the Mastercard network, anywhere in the world.