Page 16 - Pay Magazine s2014

paybefore awards europe
the One tO watCh – COmpanY
The organization that’s offering the program, technology, product or service with the potential to move prepaid/emerging payments forward.
Global Processing Services
TIe
who they are: Processor for prepaid, credit and debit payment program providers. Company launched in 2010 after servicing its own pro- gram management company, Flex-e-Vouchers, and recognizing an industry need for more customized card processing services.
where they are: With headquarters in Dubai and offices in London, Newcastle upon Tyne, Spain and India, GPS processes for payment card programs in Europe, Africa, the Middle East, Asia and serves clients in Australia, the U.S. and Canada.
what they do: GPS combines an open architec- ture approach with the cloud, enabling broad customization of card programs through its platform. GPS provides program managers with real-time access to channels and interfaces for quick, accurate integration of new technology and program updates.
why watch: The nimble controls built into GPS’s core application make it easy for program managers to design and implement the cus- tomized features needed to meet the demands of different market sectors, demographic groups and locales. Program managers may vary the value, velocity and volume of prepaid card loads, establish transaction limits and fees, and specify how cards may be used in different environments, right down to a specific postal code.
differentiators: GPS operates a robust data center with dual hosting, and its key servers are supported by hot backups to create a highly reliable and resilient system that continues operating in all contingencies. New implementations in progress include MasterCard credit certification, Visa Fast Funds, 3D Secure, host card emulation and multicurrency enhancements.
what the judges said: GPS has made a
name for itself in the European market and is expanding rapidly across the globe. Giving program managers direct control over card program variables saves them time and money, while enabling them to adapt quickly to market changes.
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