Our goal is to bring you the latest in payment innovation as we continually interact with financial institutions, technology partners, industry thought leaders, networks and other payment facilitators. Over the years, we have made a substantial investment in our people, processes and processing platform.
Serving organizations throughout the United States, Transcard has strong partnerships with over 200 issuing banks and technology companies and proudly serves 550 top companies in many key industries, including healthcare, property management, insurance, transportation and financial services.
Our roots run deep in payments. We began our journey in 2008 when Transcard developed a fuel payments platform utilized by U.S. Xpress (NYSE: USX), the fifth-largest asset-based truckload carrier by revenue in the nation. This technology was later sold to U.S. Bank in 2012 and the decision was made to develop a new payments platform that could serve all industries.
Our new platform began by providing prepaid cards to financial institutions and Transcard quickly grew. From there, we developed a broader platform offering additional payment options, and later we launched our innovative pay-in/payout platform.
In 2018, Transcard began our international expansion, forming a partnership and establishing a European Headquarters in Austria under Prysym GmbH. Prysym’s payments platform currently covers Europe and the Middle East and will expand rapidly to Central and South America and Asia through existing relationships our team has established over years by providing prepaid issuance in those regions.
Transcard remains committed to building on our company’s capabilities and providing streamlined payment options for both businesses and consumers. We welcome the opportunity to partner with you.