Transact Network Limited wins Prepaid Company of the year category at 2012 Paybefore Awards Europe

Creativity of prepaid

The awards, hosted by prepaid industry publication Paybefore, are now in their sixth year and are intended to recognise excellence and innovation in the UK and European prepaid and stored value card industry (view press release).

Marilyn Bochicchio, Paybefore’s CEO, explains that “prepaid is the fastest growing area of payments because it addresses unmet payment needs of consumers, businesses and governments… Paybefore Awards Europe recognises the creativity of prepaid practitioners in developing programmes that address these needs more effectively than cash, checks or even other types of payment cards.”

Transact Network actively issues cards in 16 countries with around 100 live programmes and 500,000 cards.

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