Gasan Mamo’s has launched an Annual Travel Insurance which provides a 12-month annual policy with automatic cover for an unlimited number of trips. The annual travel insurance plan covers all trips to Europe with a maximum duration of 15 days for any one trip.
The new policy also offers free cover for children under 16 years of age (if parents and/or guardians are insured under the annual policy).
Medserv announce extension of Cyprus contract
Medserv has announced that Eni Cyprus Ltd has extended the contract for the provision of operational base support services in Cyprus for another two years.
The contract extension includes the provision of dedicated facilities and services in the port of Limassol while still maintaining the base facilities in Larnaca port.
Medserv secured the areas in the Limassol port and is in the process of setting up the facility to meet the stipulated timelines for the upcoming exploratory drilling programme. During the past two years Eni has increased its exploration portfolio in the strategic area of Eastern Mediterranean Sea. Drilling activity is planned to commence in the fourth quarter of this year.
Payscout gets MFSA licence
Payscout Inc., a leading global payment processing provider, has been issued a Financial Institution licence by the Malta Financial Services Authority. The process was facilitated by Grant Thornton Malta, pioneers in the local fintech industry.
The FI Licence permits Payscout to operate as a payment facilitator with possibility to expand and passport its operations throughout the EU, enabling the firm to, among other things, execute transactions as well as issue and acquire payment instruments.
Covering six continents and connecting merchants to consumers via credit, debit, ATM and alternative payment networks, Payscout has US locations in Los Angeles, Ramsey, (New Jersey) and Douglasville, (Georgia), with international locations in Brazil, China and Malta.
Payscout has been recognised by Inc. Magazine as one of the fastest-growing companies in the US for three consecutive years and maintains global partnerships with Visa, Bank of America, MasterCard, China Union Pay, Deutsche Bank, First Data and more.