The Bancorp Payment Solutions Group, a division of The Bancorp Bank (“Bancorp”), a wholly owned subsidiary of The Bancorp, Inc. (Nasdaq: TBBK), is proud to announce that The KEEPS Prepaid MasterCard has been recognized as a winner in the 2013 Paybefore Awards.
The KEEPS Prepaid MasterCard program was recognized in the “Expanding the Boundaries of Prepaid” category. The program offers attorneys a way to improve their bottom lines, while doing the right thing for clients by issuing payments in a much more responsible way. As an alternative to check cashers and cash, The KEEPS Prepaid MasterCard is offered for settlement disbursements of up to $50,000 and is a safer, lower cost, and more dignified alternative for the unbanked. Using a KEEPS Prepaid MasterCard allows those receiving settlements to fully participate in the online economy, pay bills, and receive the benefits and protections of the MasterCard Zero Liability policy, and real-time balance and transaction alerts.
Paybefore Awards, now in its seventh year, is the most prestigious recognition of excellence in the worldwide emerging payments industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for alternative payments executives.
“We are honored to share this recognition with KEEPS America,” said Jeremy Kuiper, Managing Director, The Bancorp Bank. “This program offers an innovative solution for consumers allowing them to better manage their settlement finances."The winning programs were selected by a panel of five industry experts who served as judges for this year’s competition, which—once again—included a record number of entries from around the world. “Paybefore Awards were created to honor the companies and individuals that are at the forefront of innovation as well as successful market implementation across the globe,” said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. “It’s a dynamic time in electronic payments as companies like The Bancorp Bank and KEEPS America LLC continue to innovate to solve payments problems,” she continued. “We are proud to recognize their contributions to advancing the prepaid and emerging payments industry.”