Use Cases

Since 2007, Thredd (formerly GPS) has been the trusted next-gen payments processing partner for innovators looking to modernise the way consumers and businesses pay for goods, services, and move money worldwide. We process billions of Visa and Mastercard debit, prepaid, and credit transactions annually, serving over 100 clients across 47 countries.

Here are just some of the programmes Thredd has helped bring to life:

Digital Banking

  • Parent/Child - app and debit card designed to help children manage their money through budgeting and responsible spending, including parental controls and management

  • Foreign Currency and Travel - typically credit cards that allow consumers to get rewards and cashbacks on travel bookings and spends. Or prepaid card loaded in the currency of choice for the purpose of spends during travel abroad

  • Small Business (SMB) - banking propositions aimed at small businesses and startups

  • Financial inclusion/Unbanked programmes – banking propositions aimed at the underbanked and unbanked, and often include a credit builder functionality

  • Crypto Programmes – propositions offering the ability to trade or sell cryptocurrency, such as Bitcoin for fiat currency (e.g. US dollars).

Business Payment Solutions

  • OTA/Travel Payments – Online Travel Agencies and Marketplaces leveraging the virtual card capability to make payments to suppliers and partners

  • Cross Border Payouts – funding overseas suppliers and workers

  • Expense Management – enabling corporate travel spend

  • Insurance Payments – distributing insurance payouts via card

  • Medical Payouts – still very popular in certain markets, e.g., France as an employee benefit

  • Benefit payments – supporting government disbursement of benefit payments to citizens

  • B2B Accounts Payables – automating payables payouts

  • Gig Worker Payouts – instant payment to Gig workers often paired with targeted discounts/rewards (think uber drivers / fuel cashback)

  • Supplier Payments – leveraging virtual card capabilities to pay suppliers instantly around the world

  • App Developer Commission Payouts – companies who own app stores paying commission to app developers instantly globally

Embedded Finance

  • Digital Wallet services - merchants may want to develop proprietary wallet services as a key enabler for app features, such as Loyalty programmes or BNPL

  • BNPL/Instalments – providers may want to in-source BNPL offerings leveraging virtual card and wallet capability

  • Gift Cards – digitising gift cards and incorporating them into wider digital offerings (similar to Monzo simplifying P2P using cardholder contacts data)

  • Meal Vouchers – still very popular in certain markets, e.g., France as an employee benefit

  • Employee Programmes – digitisation of employee benefit programmes, e.g., purchase discount benefits, wage access Industry Specific Services – Gaming, Gambling, Resort payments

  • Fleet Services – vehicle maintenance and expenditure management

  • Next Generation Loyalty – dis-intermediating white label providers to offer tailored loyalty programmes using wallet and loyalty balance infrastructure

  • Transit Programmes – replacement of existing high-cost local transit programmes e.g., Oyster Card