FAIRFX Group PLC FairFX named Most Trusted Prepaid Card Provider
June 10 2016 - 2:00AM
RNS Non-Regulatory
TIDMFFX
FAIRFX Group PLC
10 June 2016
10th June 2016
FairFX Group plc
("FairFX" or "the Group" or "the Company")
FairFX wins award for Most Trusted Prepaid Card Provider
FairFX, the FinTech low-cost multi-currency payments service,
won the Moneywise award for Most Trusted Prepaid Card Provider at a
ceremony hosted last night in London.
The company was selected over competitors in the prepaid card
space such as Travelex, Thomas Cook and the Post Office. In a vote
by customers and Moneywise readers, the awards recognised the UK's
most trusted and best-respected companies. There were 64 businesses
that reached the final awards shortlist, with the winners being
selected from hundreds of thousands of customer responses.
FairFX has seen significant traction with its prepaid retail and
corporate card offerings in recent months following strategic
developments in technology, customer service and marketing. Card
offerings have recently been bolstered by the launch of the new
FairFX mobile app, which satisfies the growing demand from
consumers using mobile as their primary means to perform retail
transactions. These advances have been made on schedule at the
start of the peak summer season for the Company's retail card
product.
The award for Most Trusted Prepaid Card Provider comes directly
after FairFX has announced its expansion into the South African
market, where it looks to deliver a full-service offering,
including currency cards.
Commenting on the award, Ian Strafford-Taylor, CEO of FairFX,
said: "It's incredibly gratifying to win this "most trusted" award,
especially as it is voted for by customers. FairFX strives to
provide the best customer experience it can by understanding
people's needs and providing the fairest rates on money exchange.
We look forward to building on this success and continuing to
deliver a superior offering for all our customers."
ENDS
FairFX Group plc
Ian Strafford-Taylor,
CEO +44 (0) 20 7778 9308
Cenkos Securities plc
Max Hartley/Callum
Davidson +44 (0) 20 7397 8925
Yellow Jersey PR
Charles Goodwin / Aidan
Stanley +44 (0) 7747 788 221
About FairFX
FairFX is a leading international payment services provider,
incorporated in the UK in 2005. The Company has developed a
cloud-based peer-to-peer payments platform that enables personal
and business customers to make easy, low-cost multi-currency
payments in a broad range of currencies and across a range of FX
products all via one integrated system. The FairFX platform
facilitates payments either direct to Bank Accounts or at 30
million merchants and over 1 million ATM's in a broad range of
countries globally via Mobile apps, the Internet, SMS, wire
transfer and MasterCard/VISA debit cards.
FairFX operates within the rapidly growing online multi-currency
payments market and provides transactional services to both
personal and business customers through four channels being
Currency Cards, Physical Currency, FairPay and Dealing. The
Currency Card and Physical Currency offerings facilitate multiple
overseas payments at points of sale and ATM's whereas the FairPay
and Dealing products support wire transfer foreign exchange
transactions direct to Bank Accounts.
In addition, FairFX has entered into a number of "white-label"
arrangements for the use of its P2P matching platform. Customers
include easyjet, ThinkMoney and Pitney Bowes. FairFX has also
partnered with Concur Technologies, Inc. a leading provider of
integrated travel and expense management solutions with over 25
million users globally. Such relationships provide strong support
for FairFX's customer acquisition strategy.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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