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Press releases

PrePay Solutions reacts to increased contactless limit

03 September 2015

Following the news that the contactless payment limit has been raised from £20 to £30, Ray Brash, MD & Chairman at PrePay Solutions – the largest issuer of prepaid contactless in the UK, comments: “At the moment, about 15% of our transactions are contactless. With the limit increasing to £30, we predict this will go […]

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Flexible prepaid wins ground in ‘first accounts’

14 August 2015

Innovations in prepaid cards and mobile phones are beginning to erode the traditional monopoly of banks as the home of ‘first accounts’. According to new research, the next generation of financial services customers is more likely to use a prepaid card or mobile device, instead of a bank account, when they first become active consumers. […]

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PrePay Solutions announced as Payments Awards finalist

13 July 2015

PrePay Solutions and its clients have been shortlisted for three awards at the Payments Awards 2015. PrePay Solutions has been selected for the shortlist of Best Merchant Acquirer/Processor, whilst P&MM’s e-Spree virtual prepaid MasterCard® and The Thomson Multi-Currency Travel Money MasterCard® have been nominated for the Best Online Payments Solution (Consumer) category and the Best […]

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