24 May 2007
Advanced Payment Solutions' Cashplus Wins its THIRD Award
- Best Prepaid Card Launch at the Annual Cards and Payments Conference, Berlin
- Top Cardholder Services Provider in Europe at the MasterCard Prepaid Card Awards, Prague
- Most Innovative New Product in Retail Banking in the United Kingdom, London
APS, which launched the UK's first prepaid MasterCard in September 2005, has just been awarded Best Prepaid Card launch at the Cards International Cards and Payments Conference in Berlin.
Two weeks earlier it was awarded best cardholder services provider at the European MasterCard Prepaid Card Awards, Prague. In late November 2006 it beat Barclays Wealth, Birmingham Midshires, Barclays Bank of Kenya and Nationwide Building Society in the IFS Capgemini Financial Innovation Awards to win the most Innovative New Product in Retail Banking in the United Kingdom.
For its most recent award, APS was originally short listed from 250 programmes running throughout 14 European countries, and ultimately beat out strong contender Poste Italiane to pick up the only prepaid card award.
Advanced Payments Solutions Chief Executive Rich Wagner says:
"We are delighted to pick up a further award for what we believe is the best prepaid card programme in the market.
"To be consecutively awarded best innovation, best customer servicing and best product launched awards by industry peers and experts is a CEO's and an entrepreneur's ideal scenario.
"We have proven that a prepaid platform can be robust, have a sophisticated consumer offering and can continuously evolve to meet customers' expectations. My team has done a great job."
Ends
For further information, please contact:
Sanjay Mistry
@ Public Relations
Tel: 0870 011 4716
Mob: 07810 368 772
Email: info@prlimited.co.uk
About Advanced Payment Solutions
Advanced Payment Solutions was established in early 2004 to become the pre-eminent leader of general purpose prepaid cards and payment solutions in the United Kingdom.
Its senior management team and board of directors have unparalleled experience in the prepaid and payment industries, bringing together experience from Barclaycard, VISA, Bank of America, Netspend, Virgin Group and easyGroup.
The company, backed by leading US private equity and venture capital firm Trident Capital, aims to lead UK prepay market growth to emulate the success of prepaid payment cards in the US where prepaid cards now make up a trillion dollar market.
APS' first prepaid payment card, the cashplus prepaid MasterCard, launched in September 2005, is the UK's first general purpose prepaid chip and PIN payment card. Cardholders can reload their MasterCard at over 14,000 Post Office® branches and some 450 retailers throughout the UK. Alongside developing its cashplus product portfolio, APS provides a suite of services for businesses wanting to offer branded prepaid products to their customers.
Consumer website: www.mycashplus.co.uk
Corporate website: www.apsgroup.com
Contact: info@apsgroup.com
cashplus is issued by Broadcastle Bank Ltd, which is authorised and regulated by the Financial Services Authority.
cashplus is serviced by Advanced Payment Solutions Ltd which is a registered agent of Broadcastle Bank Ltd for this purpose.
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