openPR Logo
Press release

Altair Announces Industry Accolades

Altair Financial Services International Plc

Altair Financial Services International Plc

As the network branded prepaid and stored value card industry continues to develop on a global scale, so too have the number of awards recognising achievement in this new payments sector. Altair Financial Services International Plc (Altair), a leader in global prepaid card programs and transaction processing, have again been honoured with award wins and nominations for market leading prepaid programs and advanced technology.

Last week, MBNA Europe won the MasterCard 2007/8 Prepaid Award for Best Innovation and Technology for the Manchester City FC MasterCard® Prepaid Seasoncard with PayPass™, a ground-breaking reloadable contactless card, processed by Altair. The Prepaid Awards, which were established by MasterCard last year to recognise excellence and innovation in the prepaid card segment of the European payments industry, were presented at MasterCard Europe’s second annual Prepaid Conference in Cannes.

According to Altair CEO, Lee Britton, “The Manchester City FC Prepaid Seasoncard with PayPass program involved implementation of sophisticated processing on a multi-function contactless card within a very short period of time. This is possibly the most advanced card on the market today, featuring contactless payments technology, EMV and contactless access control – all on a single piece of plastic. This allows cardholders to gain access to the stadium utilising the existing smart card technology on match days and to purchase items inside and outside the ground.” This is the first pilot program in Europe to issue season ticket holders with a reloadable prepaid MasterCard card with Tap & Go™ technology.

Altair helped deliver the first stadium contactless prepaid card in Europe with MBNA, the solution integrator and issuing bank, Fortress GB who provide stadium access and membership and Gemalto who provide card personalisation.

The Manchester City FC Prepaid Seasoncard with PayPass has also been shortlisted for the Payment Solution Award at the 2008 European Retail Solutions Awards to be held on 25 June 2008 in London. The Awards are supported by Retail Week and are focused on recognising retailers and suppliers for excellence and innovation in retail IT, solutions and technology. This is one of the most important dates in the retail technology calendar as over 700 key industry figures gather to celebrate the winners.

The BRIT Awards 2008 limited edition MasterCard Prepaid PayPass card won the 2008 Élan Awards for Card Manufacturing Excellence, which was awarded to Altair card manufacturing partner, ID Data, in Florida this April. The awards recognise the latest advancements in card manufacturing excellence and are the pinnacle of design innovation and technical achievement in the plastic card industry.

The Manchester City FC Prepaid Seasoncard with PayPass has also been shortlisted as a finalist in the category of Best New Prepaid Card Launch at the 2008 Cards International Global Awards, to be held in Brussels on 19 June 2008. Altair wholly owned transaction processing arm, Symmetrex, Inc. was has also been honoured as finalist in the category of Best Card Processor of the Year. Symmetrex is the only certified prepaid MasterCard PayPass issuing processor in the UK and was the first to issue a MasterCard PayPass contactless payments program in London last year.

“Symmetrex and Altair offer an integrated end-to-end service, from card program design and development to transaction processing. The company continually strives to develop innovative and new ways to improve the ease of interface with client requirements and the transaction processing system thus facilitating quicker delivery of unique prepaid card programs,” says Britton.

Altair industry experts are also contributing to the growth of the prepaid industry by sharing their knowledge at forthcoming events. Altair business development director, Damian Mifsud, will participate in a round table discussion at the Prepaid08 Conference in London this June. The round table discussion will explore “Why banks need to grasp the prepaid opportunity now, or risk disintermediation”. In July, Altair CEO Lee Britton will present on the topic “Prepaid cards: transforming the card industry” at the IEA and Marketforce's inaugural The Future of Cards and Payments conference.

With market leading innovation and technology, a highly developed processing platform, award winning client programs and leading subject matter experts, Altair are determined to dominate the prepaid space.

Altair Financial Services International Plc
3rd Floor, 37 Maddox Street
London, W1S 2PP
United Kingdom
Tel: +44 (0)20 7659 1140
Fax: +44 (0)207 900 2511
Web: http://www.altair-financial.com/

Notes to Editors:

For further information, please contact:
Steven Phillips, Altair Financial Services International Plc
+44(0) 20 7659 1178 or email steven.phillips@altair-financial.com

About Altair Financial Services International Plc:
Altair Financial Services International Plc (Altair) is a global transaction processing company, issuing and acquiring processor, internet payment gateway, mobile payments and stored value processor. Altair was incorporated in 2005 as a global provider of bespoke white labelled Prepaid Card programs with enhanced functionality. Altair acquired established transaction processing company, Symmetrex, Inc. in November 2006. Altair is headquartered in London with banking and processing relationships in UK, USA, Middle East and Africa, Asia Pacific and throughout the Latin America and Caribbean regions and issues on behalf of MasterCard® and Visa.

Altair solutions are designed to be flexible enough to provide companies with almost any type of prepaid card functionality, including open and closed loop programs, and created for corporate, retail/consumer and government use. Through its relationship with MasterCard®, all Altair cards issued in Europe are based on Chip & PIN technology and are EMV standards compliant. Altair is a certified issuer and transaction processor of contactless (MasterCard® PayPass™) prepaid cards in the United Kingdom. For more information, visit www.altair-financial.com or call +44(0) 20 7659 1140.

About MasterCard Europe:
MasterCard Europe is the entity responsible for managing MasterCard Worldwide’s business in Europe, for Europe. With headquarters in Waterloo, Belgium, MasterCard Europe works with 51 European countries organized administratively into three customer areas, incorporating the Single Euro Payments Area (SEPA), mature markets and the developing markets of Europe, stretching as far afield as the eastern border of Russia. Through its network of local offices, MasterCard Europe can understand and meet the diverse needs of customers in the very different types of markets throughout Europe, enabling people to do business in their own way in their own language.

Through MasterCard Worldwide, MasterCard Europe offers its European customers and consumers access to leading payment services throughout the world. MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 18 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information, go to http://www.mastercard.com.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Altair Announces Industry Accolades here

News-ID: 45872 • Views: 1749

More Releases from Altair Financial Services International Plc

Altair Experts Present the Future of Prepaid Cards at a Series of Leading Indust …
Prepaid card experts at Altair Financial Services International Plc (Altair), a leading prepaid card business solutions provider, have featured as speakers in a number of leading industry conferences covering prepaid cards, global money remittance and ticketing systems for sports stadiums over the last quarter. With a highly developed processing platform, award winning client programs and leading subject matter experts, Altair continue to achieve significant accomplishments in prepaid payments arena through
Altair and Blueberry Launch a Prepaid Card to Save Mothers Money
Altair Financial Services International Plc (Altair), a leading prepaid card and global transaction processing solutions provider, and Blueberry Card Services Ltd, provider of innovative consumer prepaid services, have announced the launch of the BaBee Prepaid MasterCard® card. The BaBeeCard will be the first UK pay-as-you-go MasterCard® card created specifically to help new mothers manage their finances and save money on their day-to-day expenses. Gemma Johnson, Blueberry CEO commented, “A BaBeeCard
Altair Delivers Manchester City FC Seasoncard with PayPass
Altair Financial Services International Plc (Altair) have helped deliver the first stadium contactless prepaid card in Europe, the Manchester City FC MasterCard® Prepaid Seasoncard with PayPass™, with MBNA and MasterCard. The card will replace the standard season ticket currently issued to supporters. “We are delighted to have delivered such an innovative and remarkable payment card program, which is among the most technically advanced in the world today,” says Lee Britton, Altair
Caxton FX Launches Prepaid Travel Card with Altair
Altair Financial Services International Plc (Altair), a leading prepaid card and transaction processing solutions provider, have delivered an extensive upgrade on the Caxton FX prepaid travel card program (caxtonfxcard.com). The prepaid card program now boasts a host of new features, including the Altair Mobile Payments System (AMPS), both US Dollar and Euro currency options and enables cardholders to select their own PIN at the time of application. Rupert Lee-Browne, CEO

All 5 Releases


More Releases for Card

Fuel Card Market 2022
Fuel cards also known as fleet cards are being used to make payments for fuels, maintenance and repair of vehicles. These cards are mostly used by businesses managing fleet of vehicles. Fuel card market is witnessing lot of partnerships as many fuel companies are offering their own branded fuel cards. Fuel card issuers are also focusing on telematics, enabling the fleets to save on fuel. Wireless fueling is an emerging
Prepaid Card Customer Analytics
Summary Prepaid Card Customer Analytics is a powerful interactive tool providing direct answers to the questions that are central to developing a customer-centric product and marketing strategy. It speeds up the analysis of the global prepaid card customer by offering essential insight at a country and demographic level across 29 countries. Request Sample Report Here: http://www.reportbazzar.com/request-sample/?pid=439704&ptitle=Prepaid+Card+Customer+Analytics&req=Sample Synopsis – See exactly where to focus product development and marketing activity based on country level data on
One card, many possibilities
Cost-effective and flexible low-profile PCIexpress card for CAN, LIN and other bus systems With the new CAN-IB100/PCIe IXXAT is treading new ways in terms of field bus interface cards. The passive CAN PCIexpress card is based on a modern and highly modular concept. Due to this, it is very flexible and versatile, and all this at a very low price. Besides the standard version, the interface card is also available as low-profile
proximity card
proximity card,rfid card IC: EM4102,T5577,Mifare 1K,I CODE SLI,etc. Craft:offset printing,laser logo and number Size:CR80,etc Proximity Card Specification Frequency LF(Low Frequency): 125KHz HF(High Frequency): 13.56MHz RFID IC LF: Unique EM4100/4102, GK4001 R/W EM4550, Atmel T5557/5567, Hitag1/2, HitagS 2048 HF: ISO14443A Mifare Standard 1k/4k, Mifare Ultralight, Mifare DESfire
EM4100 card
Detailed Product Description EM4100 card 1.L86*W54 *T1.8 (+ or - 0.04)mm 2.materials:PVC,ABS,PET 3.Access control,indentification EM4100 card 1. Frequency: 125KHz 2. Capacity: 64bit 3. Material: PVC, ABS EM4102/ EM4100 card, LF card, RFID card Chip: μ EM Switzerland micro-power, EM4100/EM4102 Capacity: 64bit Frequency: 125KHz Read range: 2-15cm Life: Unlimited reading times Dimensions: ISO standard card/thick card Material: PVC, ABS Applications: Identification, attending system, accessing system, etc Also we have RFID
Plastic card
Plastic card 1.Material: PVC or paper 2.Size: 86mmx54mm or other size as required. 3.Thickness: 0.3mm; 0.5mm; 0.76mm Plastic card 1) Card material: High quality PVC, pet 2) Size: ISO standard size 85.5*54*0.76mm 3) Product: Offset printing card, polished card 4) Professional design 5) Various crafts, shapes, sizes are available Card material PVC/PET/ABS/Paper Card size ISO standard size 85.5*54*0.76mm (Customers requirements are available) Available craft magnetic strip, photo, embossment, hot-stamping, signature panel,