Contis Group, a provider of online banking and prepaid card technologies and services, has received an approval for its processing platform from Visa Europe.

As a result, the company is able to provide prepaid card processing services to Visa card issuers and programme managers across Europe. Conti’s clients will now gain access to a range of capabilities including a link to the global banking system, SMS alert and automatic transaction reporting, multiple card/ account capability, mobile person-to person (P2P) payment options and a CRM and loyalty application which can be customised.

In recent news, Contis Group acquired the card issuer GTP Financial Services.