Mobile payment company Mezu has launched a digital debit card, MezuCard, backed by Mastercard. (via CNBCMakeIt)
, which is issued by Community Federal Savings Bank and backed by Mastercard.
"We created an app that allows people to give and get money using a transaction code rather than their identity," Yuval Brisker, co-founder, CEO and president of Mezu, tellsThe app and debit card can be used both in the U.S. and internationally, which gives Mezu a leg up on competing P2P apps that require users to reside in America. For example,With Mezu, there's no need to exchange phone numbers or emails. And, your transactions won't be shared publicly.
"You can both have privacy and convenience. You can both use technology and maintain control of your personal information," Brisker says. "Choice and options are huge, and that's what we're trying to do." Mezu and Mastercard will not share personally identifiable data or transaction histories with third parties.
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