| Company type | Private Subsidiary |
|---|---|
| Industry | Finance and insurance |
| Founded | 15 July 2011 |
| Founder | O2 |
| Headquarters | United Kingdom |
Area served | United Kingdom |
| Products | Finance and insurance Credit Cards |
| Owner | Telefónica UK Limited |
| Parent | O2 |
| Subsidiaries | o2 wallet (Closed 2014) |
O2 Money is a range of financial services provided by O2 in the United Kingdom.
Launched on 15 July 2011, O2 Money debuted as line of Visa cash cards issued by O2 and provided by NatWest. The cards enabled O2 customers to use digital currency as an alternative to cash or cheques.
O2 announced in a press release on 23 February 2011 the "second phase" for O2 Money. The phase involves the company's move away from physical currency through the discontinuation of the Cash Manager and Load & Go cash cards and the release of a "mobile wallet" application for Android and iOS devices. The application will use NFC technology embedded in a phone to access money banked with Barclays via O2.[1]