DrawCard wins Leading Prepaid Organisation Award

"To be recognised as a leader in prepaid cards amongst the foremost payment companies and banks globally is most rewarding and something we are very proud of. The passionate commitment of our staff has allowed us to make innovation, backed by execution, a priority," says Philip Froom, co-founder and chief executive officer of DrawCard.

DrawCard pioneered the introduction of gift cards into the South African market and is a Visa certified card processor who introduced South Africa's first ever Visa gift card, first Visa payroll and incentive cards and first ever Visa prepaid insurance claims card for Santam.

New Visa prepaid card

The most recent product innovation to come from DrawCard is its new Visa prepaid card that financially empowers local consumers to gain financial access to the payments system, via a card and their mobile phone, in a simple, secure, convenient and cost effective manner.

DrawCard operates hundreds of prepaid card programmes, processing millions of transactions off its world class certified systems and boasts major South African retailers, shopping centres and corporates as clients. The company is part of Paycorp Holdings, a member of the JSE-listed Transaction Capital group.