As we speak, the Affiliation of Navy Banks of America (AMBA), the nation’s solely navy financial institution commerce affiliation, in partnership with MOCA Monetary, the chief in superior digital accounts and cost processing, launched The Patriot Card, a state-of-the-art debit card designed to supply our Veterans a secure, versatile, and dependable approach to obtain, spend, and save their authorities advantages.
The Patriot Card offers cardholders superior options, together with:
• The flexibility to create digital playing cards that can be utilized instantly, transferred to another person, or simply uploaded into digital wallets, all whereas minimizing danger of loss or theft.
• Cardholders can add cash to Patriot Playing cards from a number of sources, switch cash between playing cards, and even make Individual to Individual (P2P) funds in real-time, all with out charges.
• Each the bodily and digital Patriot Playing cards are accepted wherever that accepts VISA, and each supply cardholders whole spending flexibility with out the restrictions and costs widespread amongst different debit card merchandise.
“AMBA is thrilled to supply Veterans a brand new, safer, and extra versatile choice to obtain funds and handle their funds,” stated Main Common (Ret.) Steven J. Lepper, President & CEO of AMBA. “We teamed with MOCA as a result of they share our willpower to assist Veterans obtain monetary success. The Patriot Card will present Veterans preferring to not use financial institution or credit score union accounts to handle their cash another that’s equally secure and safe.”
Patriot Card transactions shall be securely routed throughout both VISA’s community or the Armed Forces Monetary Community (AFFN). AFFN serves navy, veteran, and civilian shoppers of greater than 375 navy banks and protection credit score unions. “Our partnership with MOCA permits the Patriot Cardholder entry to over 800,000 ATMs and a pair of.3 million retail/service provider areas worldwide on our Community,” stated John Broda, President & CEO of AFFN. “MOCA’s superior options present our Veterans with a way of economic entry and administration that’s secure, safe and easy-to-use.”
“We’re honored to have the ability to play such a monumental position in serving Veterans worldwide,” stated Shawn Sinner, President of MOCA. “We hope that this development continues to make life simpler for Veterans, Navy, Navy Spouses and households.”
AMBA and MOCA determined to launch the Patriot Card on 11 November in honor of Veterans Day and Nationwide Veteran and Navy Households Month. AMBA will donate a portion of the interchange generated by use of the Patriot Card to navy and Veteran assist organizations and causes.