Eagle Prepaid has established strategic partnerships with the leading prepaid specialists in Europe to help pioneer the market.
Prepaid in Europe is in its infancy and the rules and interpretations are ever changing. It is therefore imperative to align yourself with the right strategic partners. There are a number of key elements to successfully taking a prepaid card to market, issues such as MasterCard® Rules, FSA Regulations, Anti Money Laundering, Compliance, Payment Processing, Customer Verification, Card production, Web site, Card application, Communications (Call Centre, IVR, SMS, WAP), the list is endless and the issues are complex (but the rewards are ok too!).
If you Then 've been thinking about offering prepaid cards as part of your business solution then let Eagle Prepaid help you build an excellent reputation with a MasterCard® programme.
MasterCard®
MasterCard® is a global payments company with one of the most recognised and respected brands in the world. They manage a full range of payment programs and services, including MasterCard® and Maestro Prepaid Cards. MasterCard®’s role is to facilitate transactions among those who use their payment cards, those who accept them, and the member financial institutions that manage these relationships. In conjunction with their member institutions, MasterCard® provide the infrastructure to ensure that these payments transactions are completed with a virtually 100 percent success rate. They are responsible for establishing standards and procedures for the acceptance and settlement of member transactions on a global basis. They provide a global communications network for interchange - the electronic transfer of information and funds among MasterCard® members.
Newcastle Building Society
Newcastle Building Society (NBS) is an innovative financial institution, providing a range of managed services to other financial organisations throughout the UK. These services include Mortgages, Savings, Internet Banking and Cards. Newcastle Building Society is a mutual organisation which has a prudent loan to deposit policy making t one of the most secure financial institutions in the UK. NBS plays a key role in the White Eagle ™ Prepaid Card program, as the BIN sponsor for the cards. As BIN sponsors, NBS have the necessary Electronic Money permissions, MasterCard® membership and are licensed by the FSA. NBS is one of the leading Issuing Banks in the field of Prepaid Cards and has recently announced support for its 1 millionth Prepaid Card.
Barclays Bank
Barclays PLC is Eagle Prepaid’s secure banking partner, as such Barclays holds the funding accounts on behalf of our issuing bank partners in the UK. Established in the 17th century Barclays has become a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the USA, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs 143,000 people. Barclays moves, lends, invests and protects money for over 38 million customers and clients worldwide.
Metavante Technologies
Metavante provides a fully managed, certified processing service for the processing of Prepaid Card transactions. Nomad provides and operates some or all of the systems required to support debit and prepaid programs. All customers use White Eagle™’s core services for issuing, authorization, clearing and settlement. In addition, Metavante offers a range of optional services, such as the cardholder website. Nomad Payments core processing uses Nomad’s Cortex software which is a highly scalable and comprehensive card payment solution used by major banks across Europe. In addition Nomad operates other best of breed software such as MasterCard®’s Expert Monitoring System for fraud and compliance monitoring. Nomad has a close relationship with both MasterCard® and NBS
PayPoint
PayPoint is a leading branded payment collection network used, primarily, for the cash payment of bills and services and prepayments for mobile telephones and energy meters. There are over 20,000 outlets using PayPoint's payment collection systems. These include over 18,500 Retail Agents with dedicated PayPoint Terminals and over 6,000 outlets with EPoS connections to PayPoint systems, of which approximately 2600 outlets have both a PayPoint Terminal and EPoS connectivity. For the financial year ended 25 March 2007, the Company processed over 470 million payments, with a value of approximately £6 billion.
Thames Card Technology
Thames Card Technology is UK’s largest independent manufacturer of plastic cards, providing an end-to-end service including manufacture, personalisation and distribution. Thames has been manufacturing for 10 years and has built a reputation for quality and flexibility.
Verizon Communications Inc
Verizon is the world’s largest provider of telecommunications capacity. Verizon Communications Inc., is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers.
GB Group
GB Group, the UK's leading identity management business, helps organisations realise the full value of their customer base by recognising and verifying all elements of a consumer's identity at every interaction. We know that identity matters. Through the application of our leading technology, we protect, predict and provide information that is used to maximise customer value for some of the largest companies in the UK