Press Room


Transact Network issues first Visa products with Ixaris

December 22, 2011

Transact to issue VISA cards for Ixaris' EntroPay and Opn products

Transact Network, a leading European prepaid card issuer, is partnering with Ixaris to offer its services for the first time on the Visa network.

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Blueberry partners with Transact Network to launch its first prepaid MasterCard

November 17, 2011

Blueberry partners with Transact Network to launch its first prepaid MasterCard® scheme, Cashbackcard.com

Blueberry has chosen Transact Network as the issuer behind its first major scheme, which offers consumers cash back on purchases made using the Cashbackcard.com prepaid card at over 32 million merchants globally.

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Transact Network Live with Visa Europe

October 03, 2011

Visa prepaid services now available to Transact’s 100+ partners
 

Gibraltar, Oct. 3rd 2011/PRNEWSWIRE/ Transact Network, a leading European prepaid card issuer, is now offering its services through Visa Europe. Transact Network is a Principal Member of Visa Europe.   The Company has completed the implementation of its first Visa bank identifications numbers (BINs).  Two new Visa Europe prepaid programs will be going live this month.

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Transact Network® Reaches Half A Million Prepaid Card Milestone With MasterCard®

September 12, 2011

Transact Network® Reaches Half A Million Prepaid Card Milestone With MasterCard®

GIBRALTAR, Sept. 12, 2011/PRNEWSWIRE/--Transact Network, a leading European prepaid card issuer, has issued over 500,000 prepaid cards on the MasterCard network in Europe.

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White Eagle Chooses Transact Network for Entire Portfolio of Prepaid MasterCard® Programs

August 30, 2011

White Eagle Chooses Transact Network for Entire Portfolio of Prepaid MasterCard® Programs

Transact Network, a leading European prepaid card issuer is now providing BIN sponsorship for all of White Eagle’s prepaid MasterCard® programs.

  

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TransCash Italia, S.p.A, a licensee of TransCash Corporation, just launched in Italy

August 30, 2011

TransCash Italia, S.p.A, a licensee of TransCash Corporation, just launched in Italy

TransCash Italia, S.p.A., a licensee of TransCash Corporation, a financial services company based in Los Angeles, Calif., just launched its unique financial product, the TransCash MasterCard® Reloadable Prepaid Cards, in Italy.

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Carta Worldwide completes a world first with MasterCard®

May 17, 2011
Carta becomes the first processor to complete integration to MasterCard® MOTAPS, enabling rapid deployment for NFC programs.
 

Carta Worldwide Inc. (Carta), a global payment solutions provider, has announced that it has completed work with MasterCard Worldwide to become the first global processor to integrate the MasterCard Mobile Over-the-Air Provisioning Service (MOTAPS) – the world’s first and only enabling platform for Near Field Communication (NFC) programs. 

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Lycamobile expands into the financial products market with the launch of the Lycamoney prepaid MasterCard®

April 15, 2011
Lycamoney’s partnership with Transact Network and MasterCard provides customers with the power of safe electronic spending and budget control.
 
Lycamoney customers to receive an extra 10% Lycamobile credit every time they top-up their mobile using their Lycamoney Card.
 

Lycamoney will not charge a monthly fee, or a transaction fee for spending your own money 

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Transact Network and United Card Services Limited launches market first in Cyprus and Greece.

April 14, 2011

Transact Network, the European e-money issuer, BIN sponsor and prepaid card services provider, has announced a pioneering deal with Cyprus based United Card Services Limited (U.C.S.). 

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PFS are proud to announce the launch of the first instant issue prepaid MasterCard® Card in France

March 16, 2011

Prepaid Financial Services Ltd (London) today announced the successful launch of the PCS Prepaid MasterCard® with Creacard SA.  The card is the first MasterCard  instant issue card in France. Whilst prepaid cards have established themselves as the fastest growing payment mechanism in Europe, France is a largely untapped market for products of this type. 



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Transact Network appoints Colin Greaves Chairman and Damian Asquez Acting Financial Director

February 03, 2011

Transact Network, the European e-money issuer, BIN sponsor and prepaid card provider, today announced its management succession plan with the appointment of Colin Greaves as Chairman and the promotion of Damian Asquez to Acting Finance Director. The changes follow the appointments of Mr Greaves as CEO and of Mr Kriya Patel as Sales Director. With this highly experienced senior management team in place, the remaining founding director is moving into a non-executive role.

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Founding Director leaving Transact Network

January 28, 2011

Transact Network, the European e-money issuer, BIN sponsor and prepaid card provider, announced today that Mr Tobias Schreyer has resigned as Commercial Director.

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Prepaid Financial Services announce the launch of the Camden “Direct Payments” Card

January 05, 2011

Prepaid Financial Services Ltd (London) today announced the successful launch of the initial phase of the provision of Direct Payments by the London Borough of Camden onto a Prepaid MasterCard® card.  The Direct Payment project has been delivered to evaluate how the utilisation of prepaid cards might deliver more streamlined and cost effective processes for making payments to people who have been assessed as qualifying for social care and support.

 

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Transact Network’s UK sales subsidiary signs first agreement.

October 12, 2010

Transact Network, the European e-money issuer, BIN sponsor and prepaid card services provider, has today announced that its UK sales & marketing operation has signed its first BIN Sponsorship agreement with global prepaid provider, White Eagle (Europe) Plc.

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Transact Network launches UK sales subsidiary

August 03, 2010

Former Newcastle Card Services COO Kriya Patel to lead new office in talent-rich North East England

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"First" For Visa Europe

June 10, 2010

Transact Network is a “first” for Visa Europe.

Transact Network, the European BIN sponsorship and prepaid services provider, today announced that it is the first Gibraltar prepaid card issuer to become a Principal Member of Visa Europe. Part of the global Visa network, Visa Europe is an association made up of 4,147 European banks and financial institutions.
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PFS Launches the first MasterCard® Prepaid Australian Dollar Travel Card in Europe

June 01, 2010

In anticipation of the estimated 664,000 British nationals visiting Australia* this year, Prepaid Financial Services (PFS) have launched the first MasterCard Prepaid Travel Card in Australian Dollars (AUD). The Australian Dollar Travel Card offers secure, cost effective and convenient foreign currency and is available directly to consumers (www.prepaidfinancialservices.com) or through businesses to their staff or consumer base. The Prepaid Card is issued by Transact Network Ltd.
 

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New Chief Executive Officer

May 28, 2010
Prepaid card industry innovator becomes CEO for Transact Network Limited
 
Transact Network, a European emoney issuer,
BIN sponsor and prepaid card provider, announced today that Mr Colin Greaves, an industry-leading figure in the European prepaid market, has been named chief executive officer and a member of the board of directors*. He is scheduled to begin in July.
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