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We are delighted to be awarded Best alternative/emerging prepaid payment solution for our eccount money solution at the Prepaid Summit: Europe 2014, hosted in Milan.

Recognising excellence and innovation within the prepaid industry, the Prepaid Summit: Europe and associated awards are now in their tenth year. Bringing together the industry’s leading companies, the awards are a significant accolade, showcasing winners to a global market.

We took the title of ‘Best alternative/emerging prepaid payment solution’ for eccount money, an alternative bank account developed in conjunction with IDT Financial Services Ltd. Utilising a prepaid card with the functionality of a bank account, the eccount money solution has been expressly designed with the unbanked market in mind, bringing them all the benefits of a typical high street bank account but without the credit facility and associated charges.

Eccount money also provides a range of additional benefits to consumers such as the ability to access and manage their funds via SMS, a free mobile app and an innovative online banking system. The account is open to anyone over 18, regardless of credit history, providing a hassle-free way for consumers to manage their cash flow, irrespective of their financial situation.

CEO, John Sharman, comments: “To accept this award is a great honour. An incredible platform to showcase our expertise to a global market, the Prepaid Summit: Europe 2014 awards are highly respected by all within the industry. Tuxedo is committed to continual improvement, and the latest award win for eccount is testament to the dedicated work of our team that has allowed Tuxedo to innovate ahead of the game.”