GPS’s outsourced solution includes payment processing, programme management tools, bespoke software development, financial control and reconciliation, technical support and cardholder customer services. GPS specialises in the prepaid sector and offers expertise in prepaid products across a number of sectors including open and closed loop gift cards, general spend, corporate spend, payroll, sub-prime/ debt management, teenage spending, business-to-consumer (B2C) ‘cash out’, and travel money/remittance.The addition of W2 online verification screening tools to the core GPS management platform means that GPS and their clients can now conduct Know your Customer (KYC), Anti Money Laundering (AML) and Fraud prevention due diligence, supporting future growth and achieving regulatory compliance to ensure frictionless customer onboarding, account acquisition and increased application conversion with a reduced total cost of operation.
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