PrePay Solutions subsidiary of Edenred, the everyday companion for people at work and innovator in prepaid cards, today announces its rebrand as PPS.
PPS, founder and innovator in prepaid cards, has in the last 5 years grown the market in the fintech services including banking, virtual cards, debit, credit and prepaid processing. As a result of this expansion the company will now be formally known as PPS, a moniker already well known in the industry.
PPS is a Mastercard Principal Member and an FCA regulated Electronic Money Institution, offering a range of services including processing, UK and SEPA banking solutions, BIN sponsorship, eWallet provision, compliance and fraud services, supply chain management, customer services and end-to-end program design and management.
With both UK and European e-money license and Mastercard issuing license PPS is a leader in supporting pan-European fintech solutions.
Ray Brash, CEO, PPS, said:
“For almost 20 years, we have been the leading digital experts in prepaid solutions, and we’re thrilled PPS’ journey started out this way. But, in recent years we have grown our expertise and product offering significantly which has opened up a whole world of options to help power fintechs too. We are proud that we have been able to adapt to the changes happening in the global financial services space. That’s why we have decided to update our brand to reflect our current – and future – roster of clients that include a whole array of specialisms. It’s a great feeling internally to be able to refresh our image as we are achieving significant business milestones.”
About PrePay Solutions, prepay cards innovator.
Prepay Technologies Ltd, an Edenred subsidiary trading as PPS, is a one-stop-shop for prepaid programmes. It is a Mastercard Principal Member and an FCA regulated Electronic Money Institution, offering a range of services including processing, UK and SEPA banking solutions, BIN sponsorship, eWallet provision, compliance and fraud services, supply chain management, customer services and end to end program design and management.
PPS manages ground-breaking prepaid programmes for global brands, including prepaid debit cards, travel money cards, gift cards, corporate cards, insurance cards, rewards cards, loyalty cards, staff cards, promotional cards, saver cards, warranty cards, trade-in cards, corporate expense and product specific cards. PPS’ programmes operate across multiple media and form factors, including physical, virtual and NFC. It has over 200 client programmes across over 30 countries globally.