Financial Services News South Africa

DrawCard takes top honours in London

Homegrown SA company, DrawCard, who was shortlisted as a finalist in four categories at the 2011 Global Prepaid Awards, won the "Best Corporate Prepaid Card Award" at a ceremony held at the Royal Courts of Justice in London earlier this month.
DrawCard takes top honours in London

This corporate card programme - the Santam Insurance Claims Card - has revolutionised the way in which Santam pays its claims providing convenience and choice to its policyholders.

"To be recognised as a global innovator amongst the leading payments companies in the world is extremely gratifying and something we are very proud of. This could only be achieved through the passionate commitment of our staff and the loyalty and support of our clients and partners," said Philip Froom, managing director of DrawCard.

Both parties benefit

"We are very proud of our relationship with DrawCard. Our prepaid card programme is bringing numerous benefits to Santam and its policyholders," said Robert ter Borg, head of Group Sourcing Business Development at Santam. He added that the programme has enabled Santam to create flexibility in their claims processes as well as rewarding its policyholders for risk management behaviour which benefits the policyholder as well as Santam.

The Global Prepaid Awards has become a firm fixture for key role players in the industry. According to Prepaid Awards Producer Emma Armstrong, submissions came in from all over the world since entries opened in April this year. DrawCard specialises in the design and development of innovative prepaid card programmes, including Visa payroll cards, incentive cards, gift cards, and insurance replacement cards.

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