Business
PCT LEADING INNOVATION IN PREPAID CARD PROGRAMMES
Published by Gbaf News
Posted on February 13, 2014
4 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Gbaf News
Posted on February 13, 2014
4 min readLast updated: January 22, 2026
Founded in 2008 by Frank Lambe and Ian Clowes, Payment Card Technologies (PCT) has established itself as a leading provider of innovative payment products via cards, mobile and virtual payment, working with some of the world’s biggest brands. Based in London, PCT is built on over 45 years experience in the payments industry. In 2012 PCT became a member of the Lenlyn Group of companies, which also comprises Raphaels Bank and ICE – International Currency Exchange, enabling the business to leverage its expertise further within the financial services sector.
Ian Clowes and Frank Lambe
PCT has built a sound reputation for its ability to offer flexible solutions ranging from ‘off the shelf’ products suitable for small scale operations, through to fully branded and bespoke cards for organisations requiring a tailored solution. As one of the leading card programme managers in the UK & Europe, PCT processes over £300m per year globally with a focus on providing fully integrated payment solutions and developing strong strategic partner relationships.
As preferred suppliers to MasterCard and Visa, PCT boasts a client portfolio with the likes of easyJet, FairFX and Angry Birds. A partnership between Travel Welfare and PCT saw the creation of a first for the travel industry, a prepaid card that airlines can issue to delayed passengers to buy refreshments in place of traditional paper vouchers.
Alternatives to major bank accounts are picking up momentum and a new transactional account designed for people who are missing out on the benefits of banking is being supported by PCT. The Change Account is an inclusive proposition that endeavours to change financial behaviour in the United Kingdom, targeted at those seeking an alternative to existing banking products. It is innovative solutions like these that are cementing PCT’s position as an industry leader.
With over 20 major consumer programmes and in excess of 200 corporate schemes, PCT’s success stems from years of industry experience and knowledge combined with a creative and agile approach that keeps it focused on delivery through every stage of the process.
Founded in 2008 by Frank Lambe and Ian Clowes, Payment Card Technologies (PCT) has established itself as a leading provider of innovative payment products via cards, mobile and virtual payment, working with some of the world’s biggest brands. Based in London, PCT is built on over 45 years experience in the payments industry. In 2012 PCT became a member of the Lenlyn Group of companies, which also comprises Raphaels Bank and ICE – International Currency Exchange, enabling the business to leverage its expertise further within the financial services sector.
Ian Clowes and Frank Lambe
PCT has built a sound reputation for its ability to offer flexible solutions ranging from ‘off the shelf’ products suitable for small scale operations, through to fully branded and bespoke cards for organisations requiring a tailored solution. As one of the leading card programme managers in the UK & Europe, PCT processes over £300m per year globally with a focus on providing fully integrated payment solutions and developing strong strategic partner relationships.
As preferred suppliers to MasterCard and Visa, PCT boasts a client portfolio with the likes of easyJet, FairFX and Angry Birds. A partnership between Travel Welfare and PCT saw the creation of a first for the travel industry, a prepaid card that airlines can issue to delayed passengers to buy refreshments in place of traditional paper vouchers.
Alternatives to major bank accounts are picking up momentum and a new transactional account designed for people who are missing out on the benefits of banking is being supported by PCT. The Change Account is an inclusive proposition that endeavours to change financial behaviour in the United Kingdom, targeted at those seeking an alternative to existing banking products. It is innovative solutions like these that are cementing PCT’s position as an industry leader.
With over 20 major consumer programmes and in excess of 200 corporate schemes, PCT’s success stems from years of industry experience and knowledge combined with a creative and agile approach that keeps it focused on delivery through every stage of the process.
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