Ceridian Stored Value Solutions Named Breakout Prepaid Company of the Year in Sixth Annual Paybefore Awards

LOUISVILLE, Ky. -- (BUSINESS WIRE) -- Paybefore chose Ceridian Stored Value Solutions (SVS) as a 2012 Paybefore Awards winner in the Breakout Company of the Year category. Paybefore Awards is the most prestigious recognition of excellence in the worldwide prepaid and stored value card industry. The awards are presented annually by Paybefore and SVS was selected by a panel of five industry experts who served as judges for this year’s competition, which—once again—included entries from around the world.

“SVS is very pleased to receive this recognition from Paybefore and our industry peers,” said Mark Schatz, SVS general manager. “With more than twenty years of experience as a leading prepaid provider, we continue to reinvent ourselves and remain committed to innovation that moves the industry forward, and are proud that our products are raising the bar in providing effective payment solutions worldwide.”

SVS will be exhibiting at Prepaid Expo USA once again this year, March 12-15, in BOOTH 209, to promote their full suite of prepaid solutions, including retail gift cards, branded prepaid and promotional cards, plus a robust consumer loyalty platform, and will vie for best-in-category distinction (which will be announced during the Paybefore Awards ceremony on March 12).

“Paybefore Awards was created to honor the companies and individuals that are keeping prepaid on the cutting edge of payments,” said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. “Prepaid is the fastest-growing area of payments because it addresses unmet payment needs of consumers, businesses and governments. Our industry continues to break new ground and expand the reach of electronic payments because of companies like SVS who make innovation and execution a priority,” she continued. “We are proud to recognize its contributions to advancing the prepaid industry.”

About Paybefore
Paybefore is the leading information provider to prepaid and stored value industry professionals, offering the latest news, commentary and analysis. Paybefore’s family of industry publications includes Paybefore Magazine™, a biannual print publication featuring in-depth articles on the opportunities, challenges and trends in the global prepaid and stored value industry, available online and in print. Visit us at www.paybefore.com.

About SVS
For two decades SVS has been a pioneer and leading global prepaid provider, creating billions of dollars in increased revenue each year for clients around the world. The SVS product suite includes retail gift cards, branded prepaid and promotional cards, plus a robust consumer loyalty platform. As a dedicated prepaid innovator, SVS manages over five hundred million card products and processes over one billion transactions in 45 countries, and 26 currencies worldwide every year. To learn more about increasing your bottom line with the most effective prepaid solutions on the market, visit us at: www.storedvalue.com.