Page 124 - Pay Magazine s2014
P. 124
vertical opportunities
P r o c e s s o r MasterCard Payment Transaction Services sPotlight
MasterCard Payment Trans- action Services (formerly MasterCard Integrated
Processing Solutions) provides global processing solutions across the payments value chain,
by the numbers
• MasterCard’s processing team includes dedicated payment experts and multiple data centers across the globe.
• 5.2 billion transactions pro- cessed a year, and 43 billion transactions switched.
powered by multiple datacenters, eliminating inefficiencies of man- aging disparate platforms.
In the U.S., MPTS focuses on top-tier issuers, program man- agers and prepaid application suppliers with a full suite of issuing services, including trans- action authorizations, card management, and fraud and
risk services.
The platform provides flexibility, safety and security, and delivers the value of emerging payments technology, such as digital wallets and EMV, according to the company.
MPTS leverages the strong knowledge and experience
base of the global MasterCard team of technology and pay- ments professionals in meaning- ful ways for clients. Innovation is an important focus, with dedicated resources and teams developing what’s next in payments.
MasterCard headquarters are in Purchase, N.Y., but MPTS is supported by a global network that offers clients—financial institutions, governments, NGOs, merchants and mobile providers—global capabilities to deliver holistic solutions at the local level.
Processor PrePay Solutions sPotlight
PrePay Solutions (PPS) has more than a decade of experience processing
and managing prepaid programs— including closed-, filtered- and open-loop cards—from a single, global in-house platform. As the largest issuer processor of pre- paid cards in Europe, PPS offers leading brands a range of payment services, including processing,
BIN sponsorship, e-wallet pro- vision, compliance and fraud services, supply chain manage- ment, customer services, and end-to-end program design and management.
PPS is based in London and operates in 26 European countries, as well as Mexico, U.S., Australia and New Zealand.
by the numbers
• A team of 170 employees, more than 75% dedicated to IT, operations and development.
• 300 million+ transactions,
in excess of €5 billion in 2014.
The company claims many industry firsts in Europe, including:
• Offer a bespoke and dedicated processing platform for prepaid;
• Launch youth, gift and corporate cards and the first to launch an instant-issue travel card;
• Launch a major prepaid contact- less card in the U.K. with Orange Cash and PayPal; and
• Launch an NFC-enabled device, EE Cash on Tap, aimed at the mass market in the U.K.
122