CaixaBank will be Spain's first online distributor of Spotify, Xbox and SonyPlayStation prepaid cards

• The bank is partnering with ePay, the world leader in prepaid product sales, to offer cards via Línea Abierta and the MoneyToPay website.
• It is the first bank in Spain to offer content codes and cards for the world's leading digital content providers.

MoneyToPay, CaixaBank's prepaid firm which specialises in electronic money and  prepaid cards, has reached an agreement with ePay, the world's biggest prepaid product distributor of digital content and gift cards.

The deal sees become the first online distributor of electronic content codes and cards for the world's leading brands. It is also the first bank to offer this service, which will begin with the sale of Spotify, Xbox and SonyPlayStation cards.

Users will be able to buy these products online via two channels: the MoneyToPay website and the online channel, Línea Abierta.

For MoneyToPay the tie up with ePay sees it diversify its product portfolio to include prepaid cards specialising in digital content. Furthermore, because this represents a partnership with the international leader in electronic payments, there will be multiple opportunities for synergies as the two jointly develop the prepaid market in Spain.

Meanwhile, the distribution of electronic products is coherent with the innovation-minded approach shared by the entire  Group. In fact, 15% of purchases made by CaixaBank customers are online. A total of 3.15 million customers made use of electronic commerce in 2013.

About MoneyToPay

MoneyToPay is Spain's first electronic money firm to operate exclusively in the prepaid cards business. MoneyToPay capitalises on the extensive experience of  in electronic money and is the undisputed market leader with more than one million cards in circulation, which is the largest amount of prepaid cards in Spain.

MoneyToPay's product range covers all customer segments (young people, families, those wanting a card for specific uses such as travel or household expenses, gift cards, etc.).

One of the fastest growing segments is company cards, which can be used as meal vouchers, transport cards or gift cards as an incentive for employees, as well as other uses.

Likewise, cards are becoming increasingly popular in Spain for online purchases. CaixaBank is the leader in this market, with 600,000 active wallets and digital cards. These come with no physical support and are based on a prepaid system. The volume of purchases made using these new systems stands at 140 million euro in 2013.

About ePay

ePay belongs to Euronet Worldwide, a global provider and distributor of electronic payments listed on the NASDAQ index. The company provides payment and transaction processing solutions to banks, retailers, service suppliers and individual consumers. The services include comprehensive ATMs, POS and outsourcing services for cards, card issuing and merchants, as well as the electronic distribution of mobile phone prepaid cards and other prepaid products.

The global Euronet payment network is extensive, including 17,795 ATMs, approximately 68,000 EFT terminals and a growing portfolio of credit card services in 43 countries; card software solutions, a prepaid processing network of approximately 636,000 POS devices at 291,000 merchants across 35 countries, and a peer-to-peer money transfer network at 207,000 locations and serving 134 countries. Based in Leawood (Kansas, USA) and with 52 offices across the world, Euronet provides services to customers in approximately 155 countries