Prepaid Card Contract with Spain

EML Payments has announced another government stimulus contract win, this time supporting Correos in Spain with the government’s plan to boost the cultural sector. While positive for the General Purpose Reloadable business, the company noted that this contract would use much of the growth cap imposed by the Central Bank of Ireland on EU-based business. EML Payments is a payment solutions company managing thousands of programmes across 27 countries in Europe, North America and Australia. It provides payment solutions for banking, credit and disbursement services, earned wage access, gifts, incentives and rewards, and open banking and FX.

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