Prepaid Financial Services Wins Big at 2011 Prepaid365 Card Awards

- Winners of the Best B2B Provider - Small Programmes

- Recognition in the Best Prepaid Card Innovation for South African Rand Travel Card

News provided by

Emotion Associates Limited

Apr 08, 2011, 11:41 ET

LONDON, April 8, 2011 /PRNewswire/ -- Leading prepaid services provider PFS scoop prizes at the 2011 Prepaid365 Prepaid Card Awards.

Widely recognised as one of the most innovative prepaid service providers PFS provide a wide range of solutions including B2B products, travel products, corporate expenses, payroll, commission payouts and social and benefit payments.

Noel Moran, CEO of Prepaid Financial Services Ltd expressed his delight with the results commenting, "We are delighted to have been recognised with these two awards. We are particularly proud that we have been recognised in two fields which have been our key focus from day one. Since its inception PFS has strived to offer corporate clients flexible low cost entry into the prepaid market. Our purpose built prepaid software platform is constantly tailored to improve our offering and meet the requirements of our clients.

He continues, "Our commitment to innovation is aptly demonstrated by the delivery of the first South African Rand prepaid card. We fully intend to continue this commitment in the coming years."  

To top off what has been an excellent year for PFS two clients of theirs also picked up awards. Best International Prepaid Card award went to the PCS Prepaid MasterCard. The first instant issue MasterCard of its type in France, it is available in 20,000 merchants and can be purchased, activated and loaded in store within minutes.  For more information please visit http://www.pcs-card.com.

The Camden C-ool Prepaid Card picked up recognition in the highly competitive Youth category. The card offers young people an opportunity to spend their money on positive activities in and around Camden. Aimed at young people who are eligible for free school meals in school years 9-11, young people looked after and who have learning disabilities and difficulties. Spending is restricted to merchants and service providers in the Camden area offering access to positive and fun activities such as music lessons, theatre productions, museums and cinemas.  For more information please see http://www.lbc.coo-l.com.

B2B solutions

PFS was founded with the intention of providing small businesses with a means of entering the prepaid market with a minimum of cost. Depending on requirements clients can choose from an 'off the shelf' generic prepaid card offering or a fully bespoke white label prepaid card.

Innovation

The PFS South African Rand Travel Card was the first Prepaid Rand MasterCard to be offered in Europe. Launched to coincide with the 2010 World Cup the card offered a safe, convenient and low cost means of purchasing travel money. As well as the excellent exchange rates offered to cardholders security conscious travellers loved innovative features such as the ability to block their card from use using a simple SMS command. To find out more about the PFS South African Rand Travel card visit http://www.southafricantravelcard.com

Amit Sharma, CEO and founder of leading prepaid comparison site Prepaid365 and the Prepaid365 Awards stated that "The PFS team have quickly developed a reputation as one of the most flexible and innovative prepaid programme managers in the UK. It is fair to say that PFS are undoubtedly well positioned to serve both small and large clients in the UK and abroad. There is a definite commitment to innovation and providing added value backed by excellent infrastructure and relationships across the prepaid spectrum. It is not a surprise to see PFS and a number of their clients win accolades at this year's prepaid awards".  

To find out more about the Prepaid365 Awards 2011, visit http://www.prepaid365.com

The PFS Prepaid Card is available in multiple currencies including GBP, EURO, USD, AUD and ZAR.

Visit the PFS Prepaid Card site at www.prepaidfinancialservices.com  to find out more about PFS and their Prepaid Card products for Travel, Money Share, B2B, Payroll and General Spend.

Notes for Editor

About Prepaid Financial Services Ltd

PFS is a prepaid Program Manager, headquartered in London, delivering prepaid card programs in many different geographic markets for banks, processors and clients. Founded in 2007 PFS has launched programs for clients including Foreign Currency cards, Money Remittance, Travel, Payroll, Corporate expenses solutions, Commission payouts and Social and Benefit Payments. The flexibility of the scalable PFS Middleware platform and its ability to interface into multiple processors, third parties and vendors allows the company to be innovative and robust.

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Prepaid365 – The Prepaid Card Comparison Portal

Prepaid365 is the UK's leading prepaid card portal online to review, compare and buy prepaid credit cards representing an encyclopaedia of information on prepaid cards, providers and all things prepaid.

The annual Prepaid365 awards, launched in 2009, recognise best in class prepaid propositions and prepaid card providers voted for by consumers and Prepaid365's subject matter experts, respectively with the awards being based on various factors including application process, card design, fee structure, features, functionality, added value and feedback from customer, customer services and the prepaid industry. Visit Prepaid365 to find out more prepaid credit cards, prepaid MasterCard and visa prepaid cards as well as the Prepaid365 Awards and the winners.

Prepaid365 is a trading name of Emotion Associates Limited - UK Registration Number: 06964513.

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SOURCE Emotion Associates Limited