12th January 2017 Church News.
UK challenger bank Monzo has chosen Global Processing Services (GPS) as their processor, following being granted a banking licence in August last year. GPS is a PCI-DSS Level 1 Service Provider accredited globally by Visa and Mastercard, offering a solution with access to banking schemes such as Bacs and SEPA. The solution facilitates multi-level parameter-based configuration and control over each aspect of a prepaid, debit or credit scheme.