Raphaels Bank won two awards at the prestigious Prepaid Awards at the Lancaster Hotel, London on 2nd October 2013. PaymentEye were in attendance as one of Britain’s oldest independent banks was named the Leading Prepaid Organisation UK, while Commercial Director, Mike Smith was voted Leading Global Prepaid Industry Contributor.
Miles Roberts, CEO of Raphaels Bank said: “These award wins are testament to our continued drive for service excellence and innovation in the prepaid card arena. Raphaels Bank can now boast a market-leading position in prepaid card issuing. We have 4.5m cards and £175m of balances across 15 European countries with 21 partners. In addition to our consumer propositions we also have a number of B2B applications from meal voucher cards in Hungary to transport applications in Spain. I’m really pleased for Andy Downes and his team that their efforts have been recognised with this prestigious award.
“We are particularly delighted that Mike’s commitment, expertise and focus on driving some of the sector’s most exciting innovations in prepaid cards has been recognised by customers and peers across the industry. This award is very well-deserved.”
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