Payday America is a direct payday advance lender with stores throughout Minnesota. Our stores offer payday loans with no credit check, fast payday loans, and loans up to $1,000. Postepay is a reloadable prepaid card service that is branded with Visa Electron or MasterCard, and operated by Poste Italiane in Italy. Postepay cards are accepted wherever Visa Electron and MasterCard are supported. When a shopper makes a payment, funds are.
Poste Italiane enhances online shopping experience for its users providing Masterpass as a payment option for the new Postepay App. Barcelona, Spain – March 1, 2017 – At Mobile World Congress, taking place in Barcelona, Mastercard and Poste Italiane announce that the Postepay App has integrated Masterpass, Mastercard’s global digital platform for online payments that eliminates the need.
PostePay Partners with Volante Technologies for Instant Payments Innovation and Payments Modernization
Posseggo la postepay, il postamat bancopostaclick circuito mastercard e una ricaricabile di intesa san paolo, credo circuito mastercard. Potrei avere problemi a pagare l'albergo (UN Millenium plaza), pagare ristoranti, prelevare contante, o altro? In pratica ci devo fare tutto. Cards in Italy are generally not revolving cards issued by independent banks like in America (and I suppose the UK), with the notable exception of Barclays. Most cards are issued in conjuction with your current account, have a modest credit limit to start, and have the entire balance debited from your account on the 15th of the month following.
Partnership follows investment by Italian payments champion PostePay in Volante Technologies’ recent $35m growth capital raise
Rome, New York, London, Mexico, Dubai, August 5, 2020 – PostePay, one of the largest Electronic Money Institutions (EMI) in Italy, bringing together Poste Italiane’s assets and expertise in payments and telecommunications, with over 28 million cards in circulation and 1.4 billion card transactions managed in 2019, today announced a partnership with Volante Technologies, a leading global provider of payments and financial messaging solutions in the cloud and on premise. The partnership will further enhance the Poste Italiane Group’s payments modernization programme, including its open banking platform, enabling instant payments and providing a new gateway to traditional interbank networks.
PostePay, part of the Poste Italiane Group, plays a pioneering role in the electronic money market in Italy, steering the shift from traditional payment methods to next-generation digital options and account-based payments.
Volante’s VolPay cloud-native microservices architecture will allow Poste Italiane to support current and future payment rails by offering high levels of resilience and extensibility. The resulting modern scalable end-to-end payments processing infrastructure will allow leading edge customer experience and services for over 14 million Poste Italiane accounts, providing a strategic advantage to constantly innovate in the changing landscape resulting from PSD2 regulation.
As part of its ‘Deliver 2022 strategy’, Poste Italiane is expanding its network of partnerships on a global scale, firmly believing that innovation is essential for a diversified business of its scale to remain competitive at a time when established markets are being disrupted.As part of this strategy, Poste Italiane already launched successful partnerships in digital wealth management, open banking, premium home delivery services and long-haul road transportation. PostePay also took part in Volante’s growth capital raise of $35 million, with other top-tier financial and industry investors.
The partnership with Volante Technologies will further enable the development of innovative products, like Codice Postepay QR code solution, allowing state-of-the-art customer experience and paving the way for further exciting developments. In line with the Group’s strategy, PostePay’s first goal is to inform and guide changes in consumer habits, accelerating Italy’s transformation from cash to digital payments. Through this valuable partnership, Poste Italiane will be able to serve its customers even better.
Poste Italiane, commented, “One of our objectives was to find a partner with whom we could develop common roadmaps for our payment-hub, rather than simply outsource to a vendor for the SCT-INST project. With the payments landscape changing so rapidly, the Poste Italiane Group is investing – alongside other leading global institutions – in a growing company known for its modern, resilient and scalable technology to continue to provide our customers with the most technologically advanced and reliable payment experience. The fact that VolPay is cloud-native proved particularly attractive in that it can offer a variety of deployment models.”
Volante Technologies added, “It is clear that Poste Italiane is constantly looking for ways to ensure that their customers benefit from the emerging opportunities of digital payments. We are delighted that they chose Volante, and that we have the opportunity to help them further modernize their payments landscape with speed, enabling them to become more competitive now and in the longer term. We are confident that we can provide them with the extensibility they require to achieve their future growth objectives in payments.”
Postepay is a reloadable prepaid card service that is branded with Visa Electron or MasterCard, and operated by Poste Italiane in Italy.
Postepay cards are accepted wherever Visa Electron and MasterCard are supported. When a shopper makes a payment, funds are immediately deducted from the card.
For integration advice, please visit Worldpay developers.
A shopper does not need a bank account to have a Postepay card. The shopper must buy the card at a post office and provide identity documents. The shopper must register the card online before use, afterwards a shopper can reload the card with further funds at any of the 14,000 post office locations or 4,500 ATMs.
In addition to the standard Postepay card, there are a number of other different types of Postepay card available to shoppers. The following table lists the variations:
Type | Branded | Details | How to obtain | Cost |
---|---|---|---|---|
Standard PostePay | Visa and Visa Electron | Can be used anywhere, in Italy and abroad, on the internet and in all post offices. | From post office by presenting photo ID and social security number. No bank account required. | 5 EUR |
Junior Postepay | Visa and Visa Electron | Designed for anyone aged between 10-18 years old. | Must be accompanied by a parent, in addition to relevant documentation. | 5 EUR |
Postepay Twin | Visa and Visa Electron | Two cards – one for the account holder and another for them to give to someone else. | From post office by presenting photo ID and social security number. No bank account required. | 8 EUR |
Postepay NewGift | MasterCard | Rechargeable gift card to give to someone. | From post office by presenting photo ID and social security number. No bank account required. | 7 EUR |
e-Postepay | MasterCard | Virtual prepaid card | Online Can replace with physical card (Postepay Newgift) at a post office for 5 EUR. | Free |
All of these variations of Postepay do not change the basic offering. The Postepay product remains a prepaid card whichever variation the shopper decides to take. It is also possible for a shopper to link a Postepay card to the Postepay Mobile app and make payments directly from their phone.
![Postepay in america bank Postepay in america bank](https://italyhouse.files.wordpress.com/2011/10/postepay.jpg)
The same shopper can have up to three Postepay cards. Additional Standard or Junior Postepay applications by existing Postepay cardholders are free of charge. The various costs and limits of the different types of Postepay cards are listed in the table below:
Condition | Standard | Junior | Twin | Newgift Basic | Newgift Evolved | E-Postepay |
---|---|---|---|---|---|---|
Cost | 5 EUR for new cardholders | 5 EUR for new cardholders | 8 EUR | 7 EUR | 7 EUR | Free |
Max Ceiling | 3,000 EUR | 1,000 EUR | 999 EUR | 999 EUR | 3,000 EUR | 999 EUR |
Max Daily Withdrawal | ATM: 250 EUR | ATM: 100 EUR | ATM: 500 EUR | ATM: 500 EUR Post office: 500 EUR | ATM: 250 EUR Post office: Roulette game for fun. 500 EUR | N/A Virtual card for use online. |
Max Monthly Withdrawal | ATM: Unlimited | ATM: Unlimited | ATM: 1,000 EUR | ATM: 1,000 EUR Post Office: 1,000 EUR | ATM: 250 EUR daily Post Office: 3,000 EUR daily | N/A Virtual card for online use. |
Min Reload | 5 EUR | 5 EUR | 1 EUR | 1 EUR | 1 EUR | 1 EUR |
Max Single Reload | 500 EUR | 500 EUR | 250 EUR | 250 EUR | 500 EUR | 250 EUR |
Max Daily Reload | 1,000 EUR | 1,000 EUR | 500 EUR | 500 EUR | 1,000 EUR | 500 EUR |
Max Annual Reload | 50,000 EUR, across all cards registered to the same owner. | 50,000 EUR, across all cards registered to the same owner. | 2,500 EUR | 2,500 EUR | 2,500 EUR | 2,500 EUR |
Shopper journey overview
To make a payment with a Postepay card:
- On the payment page, the shopper selects the Postepay payment method.The shopper is redirected to the Postepay website.
- The shopper enters their Postepay card details to complete the payment.
- At the end of the shopper journey, the shopper may return on the successURL.
The screenshots below are for guidance only and are correct as of February 2017. The wording and layout of the screens can change at any time.
Postepay - desktop checkout
Postepay - mobile optimised checkout
Integration considerations
Recipient
Merchants should consider informing their shoppers that:
- Worldpay AP appears as the payment recipient on the Postepay payment pages (see the Postepay confirmation payment screen above).
To reduce shoppers abandoning payments, reassure them that the Worldpay recipient is not a problem.
Payment method properties
Postepay In America Online
The properties for this payment method appear in this table:
Property | Description/ Value |
---|---|
Payment Type | Prepaid card |
Countries | Italy |
Acceptance Currencies | EUR |
Preferred Currency | EUR |
Settlement to Worldpay Currency | EUR |
Shopper Debit Currency | EUR |
Minimum Amount for a Single Transaction | 1 EUR |
Maximum Amount for a Single Transaction | 3,000 EUR |
Direct Refunds (Yes/No) | Yes |
Direct Refunds Period | See the WPG Refunds Capability table at: http://www.worldpay.com/support/kb/gg/pdf/refunds-capability.xlsx |
Bank Transfer Refunds (Yes/No) | Yes. See the WPG Refunds Capability table at: http://www.worldpay.com/support/kb/gg/pdf/refunds-capability.xlsx for limitations. |
Bank Transfer Refunds Period | See the WPG Refunds Capability table at: http://www.worldpay.com/support/kb/gg/pdf/refunds-capability.xlsx |
Chargebacks (Yes/No) | No. Payments are 100% guaranteed. |
Payment Method Mask | POSTEPAY-SSL |
Supported Languages | IT |
statementNarrative (Yes/No) | No |
Dynamic Descriptor (Yes/No) | No |
Payment Traceability | None |
Direct Model (Yes/No) | Yes |
Redirect Model (Yes/No) | Yes |
Sandbox (Yes/No) | Yes |
Service Level | M-Level |
Restrictions | None |
Payment timetable
In normal conditions, the payment status changes are in the table below:
Postepay In America Logo
Trigger | Delay | Payment status | Notes |
---|---|---|---|
Shopper chooses Postepay method | 0 | Payment is created in SHOPPER _REDIRECTED status. | |
Shopper makes immediate payment by entering the Postepay details | Typically minutes | ||
PSP authorises the payment | 0 minutes | AUTHORISED | The payment is normally authorised in real time. |
Worldpay capture the payment | < 1 hour | CAPTURED | |
Worldpay clears and settles the payment internally | 2 working days | SETTLED | |
Worldpay settles to the merchant | n working days | The settlement to the merchant occurs according to the normal merchant settlement cycle. |