Similar to a debit card -- minus going through the bank’s process to activate it -- Mango customers have the ability to perform various tasks with their card, including payroll, insurance claims, money transfers and retail shopping. Rawan mentioned that around 250 vendors are using the services and "a growing number" of persons have expressed interest.  He also said a sales team of 12 people are currently deployed to conduct training and demonstrations for merchants and customers, with the overall response being positive.  Static locations are also in the works, so that more convenience is created for consumers.

Despite all the progress, the Mango CEO said managing the rapid growth is key.

"We are growing quite fast but at the same time we are managing the process to make sure we don’t get overwhelmed with the number of customers and merchants," he said.

Rawan mentioned that the company has long term plans of expanding into the Family Islands, also aiming to double the number of employees over the next couple of years.  They are also targeting the U.S. and other countries in the Caribbean in the next 12 to 24 months to use Mango cards for their transactions. "Plans are already in progress and we have partners on the ground that will be working with us to deploy Mango," he said.  "We want to make sure that we finish with the deployment in The Bahamas first.  The Bahamas is our launchpad and our contribution to the economy and the local workforce will be substantial... so it’s very important to make sure that we get The Bahamas environment very right."

Source: http://www.thenassauguardian.com/index.php?option=com_content&view=article&id=11974:mango-card-service-ripe-among-bahamians&catid=40:business&Itemid=2