PPS is Europe’s leading processor/issuer with a dual UK & EU license with the ability to passport across all EEA countries.
PPS provides localised IBANS connected to SEPA network, including SEPA in, SEPA out, SEPA Direct Debit, SEPA instant (Q1/2021).
In the UK, PPS is a direct participant in faster payments scheme and provides instant faster payments, dedicated Sort Codes and and supports BACS In, Instant Faster Payments IN & Out, Direct Debit and CHAPS In. Also connected to cash loading channels via Post Office and PayPoint.
PPS is the driving force behind Europe’s fintech and innovation and it is Europe’s largest mobile wallet issuer.
As a dynamic company with enthusiasm and passion for innovation, PPS is ambitious, resilient and a robust partner for over 120 clients from wide range of sectors including fintech, retail, paytech, benefits and fuel card solutions. It has 20 years of innovation in payments with a diverse portfolio of products and services. It was founded in 2000 and is jointly owned by Edenred and Mastercard with offices in London, Swindon, Brussels and Dubai. It launched the first Youth Card called Splash in 2000 and then moved very swiftly into the gifting market and prepaid card industry and built a strong client base with blue chip companies such as Tesco, TUI, GAME and Ticketmaster.
PPS is the licensing and technology partner behind the market pioneering challenger banks including Tide, Monese, Coconut and Countingup.
PPS now operates in over 30 countries worldwide, processing in excess of 1.8 bn transactions with a total value of $36bn.
For more info visit www.pps.edenred.com.