some facts, page-220

Devbak

Please be awared that P1 rewards/ GCN are the clients of Ezybonds UK, not the owners of Ezybonds (UK) plc, a public company.

The royalty of the Ezycards are USD1.15 per week to Ezybonds UK.
So In fact, P1 needs to pay Ezybonds USD1.15 per week per card.

There is a cost to operate these cards as well since Ezybonds is not a direct licensee with Mastercard. Their debit cards are issued by Eastern Carribean Co-operative Central Limited, a licensee with Mastercard.
There is another middle layer that these cards are managed by another company called Nishe Technology INC.

P1rewards/GCN proposed debit cards actually has 5 degree of separation from Mastercard. (p1 > Ezybonds UK> Ezybond INC> Nishe Tech INC> ECCCL > Mastercard)

JMO

DYOR