Insuranceciooutlook

Madison Insurance Group Announces the Availability of Pay with Q MasterCard

By Insurance CIO Outlook | Friday, November 30, 2018

TORONTO, ON: Madison Insurance Group announces the launch of a dual-modality card called Pay with Q MasterCard, usable internationally with benefits designed for both payroll and payouts.

The Pay with Q MasterCard is currently available in US Dollars, Canadian Dollars and Euros. Other currencies will be made available on the client’s needs and request. Businessmen on the go can use it without hassle in different places and for multiple purposes. Money can be loaded online, or transferred from Q-Wallet account directly to the prepaid card. 

Developed on the advanced ewallet technology, where all transactions are followed with a click or a touch, employers can now pay their employees and contractors around the world with this card. It provides them with a secure method of retrieving their income and their company's health benefits, travel benefits and other features, ensuring peace of mind when working or traveling internationally.

The waves of Pay with Q MasterCard are hitting the insurance and benefits world too for accelerating claim payouts. By giving time and control to each carrier looking to pay out a claim, the card has made significant impact on the international claims sector. With a physical card in the hands of a recipient, emergency funds can be made available to cover expenses from anywhere, and virtual cards can be issued instantly.

Madison Insurance Group Q MasterCard is sponsored by North International Bank LTD. "The need for a truly international payment vehicle is big. Madison is on the forefront by taking their Payroll MasterCard to international employers" says Angel Pacheco, SVP of Business Development.

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