'Prepaid cards have become synonymous with payment innovation over the past few years, said Paul Swinton, CEO, B4B Payments. 'For our solutions, prepaid has enabled us to offer clients a real alternative to traditional expenditure methods and we see the scope for innovation driven by prepaid to grow much further. We want to play an active role in encouraging and shaping the future of prepaid for the benefit of our clients and consumers in many other markets. That is why we have decided to join the PIF.'
The Prepaid International Forum is a not-for-profit trade association representing the prepaid financial services sector. Established in 2006, PIF works closely with industry, regulators, government departments, consumer bodies and the media to promote understanding of prepaid as well as providing support and education to proponents of prepaid worldwide.