Processors Offering Contactless Prepaid Cards are not the norm

Jun 14, 2013
Posted by: David

Having launched the database of nearly 100 free to interrogate prepaid processors on our website (http://www.polymathconsulting.com/openloopprocessors) one of the results has been we can start to see what the overall outsource processing market is offering.

There has been much talk around contactless recently so it was interesting to see that only around 10% of outsource prepaid processors currently have live contactless prepaid cards or are willing to offer the solution.

It seems that whilst the schemes like to talk a lot about contactless across all cards on prepaid it is still not something widely available from processors.