allpay Limited Announced as Emerging Payments Awards Finalist

allpay Limited has been shortlisted for Best Use of Payments Data in this year’s Emerging Payments Awards. allpay will go head-to-head against various organisations including: Cybertonica, ethoca, Vocalink and The Chargeback Company at the awards ceremony on 10th October, 2018. The award category was open to any company that either uses payment data, or provides services enabling the use of data, or carries out manipulation and/or analysis of the data from payments to deliver added value or beneficial products and services.

Collecting nearly £8bn a year from more than 80 million transactions, allpay Limited is a leading payment services specialist, offering the widest range of payment collection services. allpay has been shortlisted for the award based on the functionality of its prepaid card service. By understanding that local authorities across the country are focused on cost efficiencies, its prepaid card service allows those clients to utilise electronic transaction data to manage their care programmes.

Key benefits of the programme include the ability to:

  1. Identify surplus balances with a view to redeeming these and reallocate back into the programme
  2. Identify potentially fraudulent transactions or inappropriate funds
  3. Identify internal fraud by former Council employees
  4. Identify instances of theft from vulnerable users
  5. Reduce head-count of staff processing receipts

The Emerging Payments Awards is an evening full of product promotion, peer recognition and an unforgettable celebration of excellence and innovation in payments. This year’s winners will be announced at the black-tie ceremony on 10th October, 2018, at The Hilton, Park Lane, London. We’re looking forward to an evening that recognises excellence in the payments industry, focusing on companies that have made significant advances in how we pay today.

Find out more and get the latest updates by following the awards on Twitter where the winners will be announced live on the night! @EPAwards #EPAwards18

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