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O2 in NatWest joint venture
MOBILE operator O2 said yesterday it has teamed up with NatWest bank to launch two new pre-paid cash cards to customers which can be loaded online or in stores.
Called O2 Money, the business aims to cash in on the growing demand for mobile banking services.
The two cards, Cash Manager and Load & Go, will both be available from late August to O2 Pay Monthly and Pay & Go customers, who will be sent balance updates to their mobile phones after each transaction.
O2 said 110m users in Europe could use these cards by 2014.