Paybefore has selected Prepaid Ventures as a 2016 Pay Awards winner in the OUTSTANDING WHITE LABEL category. For 10 years, Pay Awards has conferred the most prestigious recognition of excellence in the worldwide prepaid, mobile and emerging payments industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for payments executives.

“The ROVR Financial Management Platform is the culmination of dedicated and focused work over 5 years,” says Andrew Siden, Founder and CEO of Prepaid Ventures. “Our close watch on the needs of the financial technology industry led us down a path to provide unmatched transactional and management functionality in a highly customizable environment.”

“We’ve been recognizing excellence and innovation in payments for 10 years. Once again, we saw nominees from across the globe tackling payments problems with mastery and ingenuity,” says Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. “From Silicon Valley startups to established powerhouses, the winners in this year’s competition reflect a dynamic industry with no sign of slowing its pace of expansion and change. “We’re proud to recognize Prepaid Ventures’ contributions to advancing electronic payments.”

Prepaid Ventures’ ROVR Financial Management Platform is winner of OUTSTANDING WHITE-LABEL PLATFORM because it improves short-term and long-term business performance by streamlining transactional and reporting that is traditionally time-ineffective and susceptible to fraud. Reducing operating costs by eliminating the needs for physical transmittance of funds through checks and shipping/handling, ROVR is effective in smoothly managing financial transactions, minimizing record-keeping errors and redundancy, ensuring compliance with tax and account regulations. ROVR allows businesses offer product flexibility, gain brand awareness and increase customer loyalty.

Prepaid Ventures now will vie for Best-in-Category distinction, which will be announced during the Pay Awards ceremony on March 21 at the All Payments Expo. Visitors to Paybefore.com will have a chance to vote on Best in Category through Feb. 29. The outcome of this vote (counted as one-sixth of the total) will be combined with the five judges’ picks to determine Best-in-Category honorees.

About PayBefore
Paybefore is the leading information provider to prepaid, mobile and emerging payments industry professionals, offering the latest news, commentary and analysis. Paybefore’s family of media properties includes: Paybefore.com; Pay News; Pay Gov; Pay Week; Pay Op-Ed; Pay Magazine, Pay Awards Magazine and a global payments directory, Pay Connect available online. Visit us at www.paybefore.com.