Global payments solutions provider Yalamanchili has gone live with its first European customer on March 7, providing the payment processing capability behind OnePay’s PrePaid Visa Card in the UK.
OnePay, the UK-based payroll service provider, has integrated Yalamanchili’s payment processing platform into its own existing infrastructure, enabling it to pay salaries to registered cardholders.
Go deeper with GlobalData
Yalamanchili has also created an e-account facility for OnePay, enabling cardholders to access services such as checking account balances, retrieving statements, investigating transactions and locking cards.
Chris Ellis, Europe president, Yalamanchili, said: "We attracted a lot of attention when we moved into Europe in 2012, and we are delighted to see our first customer in the region go live."
He added: "This is the first in a series of announcements Yalamanchili will be making in the first half of 2013 as our first tranche of customers complete their final testing and launch their products into the market."
Asian-born Yalamanchili entered the European payments market in 2012 and was subsequently certified by Visa Europe.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataRaphaels Bank is the issuing bank sponsor behind OnePay’s Visa prepaid card.
Related articles:
Indian prepaid payment processor Yalamanchili expands into Europe
