Contis processing platform gets Visa Europe approval

Source: Contis Group

Contis Group, leading prepaid financial services provider and end-to-end scheme manager for household-name retail and financial brands, can now offer clients market-leading processing solutions following the approval of its processing platform for use within Visa Europe's territory.

Contis can now provide prepaid card processing services to Visa card issuers and programme managers throughout Europe, giving clients a single track for full programme responsibility alongside quicker and more cost-effective access to international markets.

The Contis platform brings significant advantages over existing prepaid processing systems as it offers advanced reporting. Clients of Contis can now benefit from a number of features including: a direct link to the global banking system, full SMS alert and automatic transaction reporting, multiple card/ account capability, fully functional mobile person-to person (P2P) payment options. plus a comprehensive CRM and loyalty application that can be tailored to meet the card issuers specific needs.

Mike Fromant, managing director of Contis Group, explained: "The approval of our processing platform - which was developed by our in house development team - puts Contis in a unique position in the prepaid and debit industry. In choosing Contis, clients have access to a one touch point for issuing and processing and can mix and match our services to meet their exact commercial needs. Our newly-enhanced processing and commercial flexibility will further improve our customer proposition, plus our clients' own sales and marketing objectives whilst facilitating international transactions.

"Contis has spearheaded a three-year programme of investment in technology and this approval acknowledges that investment. We're making great strides towards our ultimate goal of being market leader in prepaid and debit card processing Internationally." 

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