Polymath Consulting Private Label Cards - Polymath Consultancy

Sodexo
• The Azure card was launched in 2009 with G-T-P, and BIN
sponsorship migrated to Raphaels Bank in 2010. Processing
remained with FIS all along
• The UK government issued the PVL card to all asylum seekers who
have had their asylum claims refused and are waiting to return to
their own countries but have no other way of supporting themselves;
replacing a previous paper voucher system.
• The card has the service user’s name on it but no other identification
will be required for use. Only one card is issued to each family unit
or couple
• The card cannot be used for ‘cash back’.
• The card is only accepted at a limited number of major
retailers/supermarkets chains (Tesco, Sainsbury’s, Boots, Asda,
Peacocks, Morrisons, The Co-operative)
• From November 2009 to December 2010 there have been over 1
million successful transactions which represents 85% of the total.
• Only 0.25% (3,600) of the unsuccessful transactions were due to technical faults, with 14% due to
users not having sufficient funds in their account and the remaining 0.75% due to service users
attempting to use their card in non-affiliated stores.
• The estimated amount of unspent credit recovered from the Azure card for the first year of its
operation is £650,000.
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Polymath Consulting