MONEYMONA PRESS RELEASE

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MoneyMona selects Contis to power e-current account, prepaid card and rewards

4 hours ago  |  590 views  |  0Source: Contis Group

Contis Group, one of Europe's leading e-money institutions, has been selected to power MoneyMona's eCurrent account, Visa prepaid debit card and rewards programme, which delivers basic financial services to the UK's unbanked population, regardless of financial status and credit history.

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HAPPY EASTER FROM MONEYMONA

MoneyMona “EASTER” special we are offering “FREE” application and card from TODAY. We will be offering additional cards at a reduced rate of £5.00, that’s 50% off. We are already 300% cheaper than our competitors. Registration and application is easy it takes just minutes to complete the form and once approved you will receive your card within 7-10 days. Apply today www.moneymona.com

 

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HOW GOOD IS THE UK ECONOMY AND WHAT WILL IT MEAN TO US

At first glance the International Monetary Fund's latest set of forecasts seem to reflect extraordinarily well on Britain. The IMF has revised up its growth estimates for the economy since January by a bigger margin than for any other advanced country. If it is correct, Britain will grow at a faster pace this year (2.9 per cent) than any other member of the G7 club.But the IMF sounded a warning too. "The recovery [in the UK] has been unbalanced, with business investment and exports still disappointing, it said in its World Economic Outlook. It also noted a potential threat to stability posed by surging house prices. So how unbalanced is our recovery? And just how worried should we be?

The IMF is by no means alone among analysts in harbouring concerns. In 2013 the economy grew 1.7 per cent, but as the first chart shows this was heavily dependent on output from our services firms. Construction made a contribution, but manufacturing was actually a small drag on growth over the 12 months. After widespread hopes in the wake of the Great Recession of a manufacturing renaissance what George Osborne in 2011 called a "march of the makers" – the protracted weakness of the sector is depressing.

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The Moneymona Account and Visa Debit Card is an electronic money product issued by Contis Financial Services Ltd who is authorised by the Financial Conduct Authority to issue e-money (Firm Reference Number 900025). Although it is a product regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme. We ensure that any funds received by you are held in a segregated account so that in the unlikely event that Contis Financial Services Ltd becomes insolvent your funds will be protected against claims made by creditors.