Catholic Version Of PayPal Launches To “Serve The Catholic Economy,” Rick Santorum Is Board Member

Via press release from Christian Newswire:

Cathio, an organization founded to serve Catholics through an easy-to-use payment solution that responds to the needs of the Catholic community, announced the launch of its platform and its leadership team today. “Cathio’s platform is designed to enable all sectors of the Catholic economy to benefit from lower costs and transparent payments,” said Cathio CEO Matthew Marcolini.

Former Ambassador to the Holy See and Cathio Advisor Jim Nicholson stated, “The Church is living in a time of great challenges with the laity asking, ‘What can we do?’ Well, Cathio is a lay initiative that not only strives to save the Church money, but positions it to provide greater transparency of financial transactions and the connectivity of people of good will with good works.”

Senator Rick Santorum, a member of the Cathio Board of Directors, noted that Cathio also offers the opportunity for the Church to better engage the youth, “Millennials don’t carry cash, they date on apps and watch on-demand entertainment. We have to be there, we have to learn from successful tech companies, and we have to provide a universal solution that makes it easy for younger generations to engage with the Church.”

Also on the Cathio board is CPAC head Matt Schlapp, whose wife Mercedes Schlapp works in the White House communications office. Oh, and Jim Nicholson, the former US ambassador to the Vatican.