Proxama and PrePay Solutions partner to drive mobile contactless payments

Proxama has announced a partnership with PrePay Solutions (PPS), to provide mobile contactless payment solutions to PPS’s customer base.

Proxama are collaborating to allow PPS’s customers to make contactless payments via their mobile device, leveraging Host Card Emulation. PrePay Solutions is jointly owned by Edenred and MasterCard.

Combining their individual expertise and capabilities to leverage the huge growth potential of prepaid in mobile payments, the advent of HCE removes the financial and operational barrier for mobile contactless payments. Any brand, retailer or financial services company can now launch their own branded mobile contactless payment programmes with value added services such as mobile engagement and loyalty initiatives involving proximity marketing and voucher services.

Neil Garner, CEO & Founder, Proxama, said: “We have seen a lot of changes in the payments industry in recent years with the development of contactless cards and now mobile payments, bolstered most recently by the news of NFC patents being granted by Apple in January and May this year. By combining our technologies and platforms, PPS and Proxama are delivering a genuine end-to-end service. Adding the very best prepaid services can offer to our own solutions, creates a unique offering that provides our customers and financial organisations with the best possible experience. This collaboration with PPS marks an important step forward for mobile engagement and will certainly help drive mobile contactless payments uptake.”

Ray Brash, Chairman and CEO, PPS says; “In this highly competitive sector, offering new ways to use our payment products is a real priority for us at PPS and as such adopting mobile as a vehicle is essential. Through this partnership, we have been able to take the best from our own portfolio and offer more value to our clients by taking our payment propositions to the mobile world with HCE through Proxama.”

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