Prepaid

From TxVia to Oberthur Technologies, the Prepaid Briefing Room brings you the latest news and announcements.

Prepaid Programs and the Chance to Change the World
Prepaid products, particularly those in general purpose reloadable programs, have begun to transform the lives of millions of consumers. With the full implementation of the Durbin Amendment, these programs may stand to see broad adoption by millions of consumers.

Industry Innovator Tapped to Drive MasterCard’s Prepaid Vision
Ron Hynes has made a name for himself in the payments industry and is known for his creativity around payroll products and for creating the first ever instant issue reloadable prepaid product at retail.

Community Commentary: Doesn’t Your 4-Year-Old Have a Prepaid Credit Card Yet?
Odysseas Papadimitriou, CEO of CardHub.com, thinks prepaid cards could be a valuable tool for teaching kids money management skills. But is your 4-year-old really ready for a prepaid card? The PYMNTS.com community had plenty to say on the subject, and if you haven’t already, we encourage you to share your thoughts, too.

Oberthur Technologies Wins Best Prepaid Manufacturer Award at the Prepaid Awards
Oberthur Technologies, a world leader in the security solutions, has won the Best Prepaid Manufacturer category at the Prepaid Awards 2010. The 3rd Annual Prepaid Awards Ceremony took place on October 7th. These Awards were created to celebrate innovation and best practices within the prepaid industry. This year it inspired the highest calibre of entrants with over 90 entries in 12 categories.

TxVia to Process Prepaid Cards for Leading Solutions Provider to State and Local Governments
TxVia, Inc., a leader in processing technology for prepaid and emerging payments, today announced it has signed an agreement with Carrollton, Georgia-based Systems & Methods, Inc. (SMI) to process prepaid cards utilizing its platform-as-a-service (PaaS) delivery model.

Leading European Prepaid Online Payment Solution paysafecard Launches in the U.S. Market
paysafecard, Europe’s most popular prepaid voucher for online payments, is now available in the United States. paysafecard provides consumers with an easy and secure prepaid solution to make purchases in online games. paysafecard vouchers are already available at more than 12,000 outlets in the U.S. in denominations of $10, $25, $50 and $100.

Prepaid Card Provider Now Providing Rewards Programs to Customers through Cardlytics
Cardlytics, the pioneer of transaction marketing in banking, announced today that it has added its first prepaid debit card portfolio to its substantial base of card customers. A number of banks already leverage Cardlytics’ transaction marketing platform to provide loyalty incentives to online debit and credit card customers

Prepaid Pioneer Shares Paved Road to Success
Innovation in prepaid services is generating such buzz that it has even lured payments industry veteran Richard Savard out of retirement. He now takes the helm as CEO of FSV Payments System after serving on the company’s Board of Directors since mid-2009.