PPS

A regulated e-Money Institution co-owned by MasterCard

PrePay Technologies Ltd d/b/a PPS is a Mastercard Principal Member and an FCA-regulated e-Money Institution, offering a range of services including processing, UK and SEPA banking solutions, BIN sponsorship, eWallet provision, compliance, and fraud services. Its subsidiary PPS EU SA is authorized by the National Bank of Belgium.

PPS was founded in 2000 as PrePaid Solution and rebranded itself in 2020 into PPS.

PPS operates a wide variety of prepaid card programs: gifting, travel, corporate disbursement, everyday spending, promotions, and loyalty.

PPS operates in over 30 countries worldwide, processing more than $50 billion per year.

The company is jointly owned by Edenred (www.edenred.com) and Mastercard, with offices in London, Swindon, Brussels, and Dubai.

We could not find any negative information about this payment provider, and it meets all our criteria; therefore, we rate it Green.

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Regulatory &
Risk Snapshot

DAREX reflects structural regulatory exposure and operational continuity sensitivity. It is not a credit rating or solvency assessment.
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Main Jurisdiction(s):

United Kingdom/Belgium
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