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We are delighted to announce that we have won ‘Best Travel Companion’ category at the Paybefore Awards, 2015, for its STA Travel ISIC Prepaid MasterCard® Card.

Now in its ninth year, the Paybefore Awards recognise excellence and innovation in the worldwide prepaid, mobile and emerging payments industry. The awards are presented annually by Paybefore, whose publications are a leading source of industry information for emerging payments executives.

STA Travel ISIC is the International Student Identity Card, with over 4 million users worldwide. Launched in June 2013 in conjunction with IDT Financial Services Limited, the STA Travel ISIC Cashcard is a student only card combining the benefits of a prepaid travel card with a student ID and discount card – the UK’s first single international ID and travel card all in one.

The STA Travel ISIC Cashcard is underpinned by our central solution, the eccount® platform. The system manages a full range of prepaid products and services and ultimately enables Tuxedo to deliver a flexible programme to meet the requirements of STA Travel.

Our STA Travel ISIC Prepaid MasterCard Card was selected by a panel of five industry experts who served as judges for this year’s Paybefore Awards, which included entries from around the world.

CEO, John Sharman, comments: “Winning this prestigious award is an incredible start to 2015. The Paybefore Awards are an incredible platform to showcase our expertise to a global market. Tuxedo is committed to continual improvement, and this award is testament to the dedicated work of our team that has allowed Tuxedo to innovate ahead of the game.”

Commenting on Tuxedo’s win, Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel, said: “This year’s Paybefore Awards have demonstrated once again that payments companies are committed to driving out the inefficiencies of cash and cheques, while also increasing value for clients and end users. We’re proud to recognise the contributions of Tuxedo Money Solutions, STA Travel and ISIC to advancing electronic payments.”

Marilyn Bochicchio, Paybefore’s CEO, added: “Some may think there’s nothing new in the world of payments, but the outstanding winners in Paybefore Awards prove that’s not so. Emerging payments is packed with opportunity to make a difference for consumers, governments and businesses. And, the companies and programs we recognise through Paybefore Awards are outstanding examples of what can be done when creativity intersects with technology and a deep understanding of unmet needs. We tip our hats to the winners and all those who are making a difference.”

Tuxedo’s STA ISIC Prepaid MasterCard Card was also delighted to be given Best-in-Category distinction, which was announced during the Paybefore Awards ceremony on 24th Febuary at the All Payments Expo