The company's purpose is to provide payment services through the issuance of a prepaid card and related services, including the development, management and distribution of prepaid cards and their associated functionalities, as well as other IT services. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for its subsidiaries and third parties. The company may grant loans to its direct or indirect shareholders or other companies within the group and provide security of any kind for their liabilities to third parties, including by pledging or assigning its own assets or providing guarantees of any kind, even if such loans or securities are granted in the exclusive interest of its direct or indirect shareholders or other group companies and are provided free of charge.
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