Top-Ranking 26 Prepaid Card Service Providers
Top-Ranking 26 Prepaid Card Service Providers
The prepaid card services industry consists of diverse companies that specialize in providing prepaid debit card solutions. Enterprise clients use these for payroll, promotions and reward programs. Simultaneously, many consumers use them as an alternative to traditional banking or credit card services. Prepaid cards often offer an easily accessible and cost-effective financial service for people who are unbanked or underbanked, meaning they don't regularly use traditional banking methods. Emerging trends suggest increasing digitization and customizability of financial services, with companies like Momentum Financial Services Group and Tango Card leading the charge.
Top 26 Prepaid Card Services Companies
1. Momentum Financial Services Group
- Website: mfsg.com
- Headquarters: Malvern, Pennsylvania, United States
- Founded: 1979
- Headcount: 1001-5000
Momentum Financial Services Group is a leading provider of financial services in North America, offering a variety of products both digitally and in retail locations. With a focus on meeting the evolving needs of consumers and business owners, they provide loans, check cashing, money transfers, and prepaid card services. Their goal is to help financially disenfranchised and unbanked individuals by providing access to cash and financial solutions.
2. Tango Card
- Website: tangocard.com
- Headquarters: Seattle, Washington, United States
- Founded: 2009
- Headcount: 51-200
- Latest funding type: Private Equity
Tango Card is a rewards and payments company that helps businesses incentivize and retain employees, acquire customers, and boost customer engagement. They offer a global reward catalog and easy-to-use technology for sending rewards, incentives, and payments. Their solutions include prepaid cards, gift cards from popular brands, charity donations, and cash payments. Tango Card is known for its security, compliance, and global rewards capabilities.
3. IRIS Neofinanciera
- Website: iris.com.co
- Headquarters: Medellín, Antioquia, Colombia
- Headcount: 201-500
Iris.com.co is a financial company that offers financial solutions for businesses through its IrisCard, a prepaid business card. They provide services such as activation, cancellation, and customer support for IrisCard holders.
4. Saraswat Infotech Limited
- Website: sil.co.in
- Headquarters: Navi Mumbai, Maharashtra, India
- Founded: 2005
- Headcount: 201-500
The company (sil.co.in) offers simplified banking solutions and technology services to banking corporations. They provide end-to-end business and technology solutions, including web-based core banking solutions, internet banking, mobile banking, agency banking, and prepaid card services.
5. Wall Street Forex
WSFx is an online foreign exchange company offering forex prepaid cards, smart currency cards, travelers cheques, insurance, and outward remittances. They provide convenient and worry-free forex solutions for studying abroad, accepted by millions of VISA merchant outlets. WSFx also offers INR wallets for easy currency transfer and domestic purchases.
6. VERSATEC (Versatile Technology Inc.)
- Website: versatecenlinea.com
- Headquarters: Panamá, Panama, Panama
- Founded: 2004
- Headcount: 51-200
Versatec is a certified processing company with international franchises, specializing in the integral processing of Visa, Mastercard, and proprietary cards. With over 20 years of experience in providing smart cards and EMV solutions, Versatec is the fastest route to developing your Visa card business.
7. Kotak Mahindra Bank
- Website: kotak.com
- Headquarters: Mumbai, Maharashtra, India
- Founded: 1985
- Headcount: 10001+
- Latest funding type: Ipo
Kotak is a financial services company that offers a wide range of investment solutions, including mutual funds, insurance plans, and mobile banking services. Their goal is to provide customers with convenient and hassle-free access to financial products.
8. i2c Inc.
- Website: i2cinc.com
- Headquarters: Redwood City, California, United States
- Founded: 2001
- Headcount: 1001-5000
i2cinc.com is a company that provides last mile delivery services. They have a track record of industry innovation and offer efficient deployments led by experienced teams. They offer enterprise-grade APIs for card issuing, issuer processing, digital banking, loyalty & marketing, and analytics. They also provide outsourced customer support and resources for designing and launching innovative card programs.
9. PLS Financial Services
- Website: pls247.com
- Headquarters: Chicago, Illinois, United States
- Founded: 1997
- Headcount: 1001-5000
PLS 24/7 Financial Services offers a range of products and services including check cashing and prepaid cards. With locations nationwide, they provide convenient financial solutions tailored to local laws and regulations.
10. AEON Credit Service (M) Berhad
- Website: aeoncredit.com.my
- Founded: 1996
- Headcount: 1001-5000
- Latest funding type: Debt Financing
AEON Credit Service (M) Berhad is a financial company that offers commercial vehicle financing, internet banking, credit cards, personal financing, and other financial services.
11. QiCard
Qi.iq is a company that offers prepaid payment cards with unique biometric identity verification. It provides a wide network of merchants accepting the brand and offers amazing experiences and benefits to its users, including protection during purchases and travel, discounts on products and services, and more.
12. Cuscal Limited
- Website: cuscalpayments.com.au
- Headquarters: Sydney, New South Wales, Australia
- Founded: 1969
- Headcount: 201-500
Cuscal is a payments company that manages millions of credit, debit, and prepaid cards for over 80 clients. They offer a range of support services including fraud monitoring, card production, scheme sponsorship, and BIN management. They also partner with innovative companies to provide flexible payment processing solutions.
13. Systems & Methods, Inc. (SMI)
- Website: smi-inc.com
- Headquarters: Carrollton, Georgia, United States
- Founded: 1971
- Headcount: 501-1000
SMI, Inc. is a 50-year-old family-run organization that offers custom disbursement solutions and relationship-based services to help families access critical government payments. They provide fintech solutions that are secure, flexible, and easy to use, serving dozens of state and local agencies and millions of families. SMI is known for their deep insights, reporting, and comprehensive financial management system. They prioritize responsive and accessible customer service, with a strong focus on building meaningful relationships and delivering measurable results.
14. Sibs Romania
SIBS is a company that provides card customization and related services, authorization, clearing, and outsourcing for Point of Sale (POS) and Automated Teller Machine (ATM). They offer secure, convenient, and innovative payment solutions and products at the lowest possible cost. Their advanced POS solutions cater to financial institutions and merchants, enabling them to accept and manage payment transactions in physical, mobile, and online stores.
15. Magnetic Ticket & Label, Inc (MT&L)
- Website: mtlcard.com
- Headquarters: Nashville, Tennessee, United States
- Founded: 1982
- Headcount: 201-500
MTL Card is a card production, packaging, and distribution company that offers secure solutions for various industries including amusement centers, theme parks, sports, and entertainment. They provide custom credit card design and manufacturing, fulfillment services, and personalized packaging. They specialize in loyalty, incentive, and concierge service cards, as well as prepaid phones, RFID/NFC specialty tags, and metal cards.
16. United Capital Bank
- Website: ucb-sd.com
- Headquarters: Khartoum, Khartoum, Sudan
- Founded: 2006
- Headcount: 201-500
UCB-SD is a company that offers various services and products. They are committed to providing high-quality solutions to their customers and strive to deliver innovative and reliable solutions. With a focus on excellence and customer satisfaction, UCB-SD aims to meet the diverse needs of its clients.
17. Gate to Pay
- Website: gatetopay.com
- Headquarters: Amman, Amman, Jordan
- Founded: 2014
- Headcount: 51-200
Gate to Pay is a FinTech company established in 2014, offering tailored payment solutions. They enable partners to facilitate instant digital payments worldwide, providing fully-fledged solutions. They specialize in card customization and cash management, empowering individuals and businesses to have full control over their finances.
18. Primax Comercial del Ecuador S.A.
- Website: primax.com.ec
- Headquarters: Quito, Pichincha, Ecuador
- Founded: 2006
- Headcount: 51-200
Primax is the leading prepaid rechargeable card company for gas stations, offering the convenience of fueling up, shopping at Listo! stores, and purchasing Shell lubricants. With over 215 stations nationwide, Primax specializes in providing high-quality energy, fuel, and lubricants to its customers. Their Super G-PRIX PREMIUM 95 offers a new concept in convenience stores, with German additives and 95 octane for more cleanliness, power, and octane. Primax is committed to being the best investment for your fleet.
19. e-cards
- Website: ecards.com.eg
- Headquarters: Giza, Smart Village, Egypt
- Headcount: 201-500
eCards is Egypt's leading provider of end-to-end integrated smart solutions. They specialize in the production and management of smart cards, offering services such as transportation solutions, digital identity solutions, and card management solutions. With a track record of over 15 years and +50 million cards in circulation, eCards delivers excellence in security, technology, and service delivery. They serve government entities, financial institutions, universities, transportation authorities, and more.
20. Nexge Technologies
Nexge Technologies is a turn-key NGN/VoIP solutions provider for service providers worldwide. They offer a range of voice, SMS, and VAS solutions, including wholesale VoIP, mobile VoIP, calling card services, and audio conferencing. With headquarters in Chennai, India, Nexge Technologies caters to the telecom industry with their high-density cloud communication platforms.
21. Independence Bank
- Website: ibyourbank.com
- Headquarters: Havre, Montana, United States
- Founded: 1972
- Headcount: 51-200
Independence Bank is a financial institution that offers a wide range of banking services. They provide personal and business banking solutions including checking and savings accounts, loans, online banking, mobile banking, and credit card services. With over 50 years of experience, Independence Bank is committed to serving their customers with personalized and convenient banking options.
22. B4B Payments
- Website: b4bpayments.com
- Headquarters: London, England, United Kingdom
- Founded: 2006
- Headcount: 51-200
- Latest funding type: Acquired
B4B Payments is a fintech company that offers banking as a service solutions for businesses. They provide a platform for managing corporate payments and expenses, along with various payment capabilities. With access to regulatory permissions, scheme licenses, and industry partnerships, they help bring innovative payment and card propositions to market quickly and hassle-free.
23. Get Money
- Website: getmoney.com.br
- Headquarters: Sao Paulo, São Paulo, Brazil
- Founded: 1993
- Headcount: 11-50
GetMoney is a financial services company that specializes in international remittances, currency exchange, and prepaid card services. They offer convenient and secure solutions for individuals and businesses looking to send or receive money from abroad.
24. National Express Jo
National Express is a local credit card company operating in Jordan since 1992. They are the only national card using the Jordan Dinar for all settlement purposes.
25. Marketing Innovators
- Website: marketinginnovators.com
- Headquarters: Des Plaines, Illinois, United States
- Founded: 1978
- Headcount: 51-200
Marketing Innovators is a company that specializes in employee engagement programs and recognition. With over 40 years of experience, they aim to drive human connections and ensure a sense of belonging and purpose for employees. They offer solutions such as branded merchandise, prepaid cards, gift cards, and engagement platforms.
26. Insight Card Services
- Website: insightcards.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2009
- Headcount: 51-200
Insight Prepaid Debit Cards is a company that offers prepaid debit card services for individuals and businesses. They provide convenient and secure payment solutions, allowing customers to manage their finances easily.
Want to find more prepaid card services companies?
If you want to find more companies that offer solutions like prepaid debit cards, rewards programs, and financial service software you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.
With Inven you'll also get to know the company's:
- Ownership: Which of these are private equity backed? Which are family-owned?
- Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
- Financials: How do these companies perform financially? What are their revenues and profit margins?
...and a lot more!
