...for Innovation in the UK The Gift Voucher Shop (GVS), the Irish company behind the One4all brand, has been recognised at the prestigious international Prepaid Awards in London with an award in the Best Prepaid Innovation category.

GVS received the accolade for its popular Budget Card, which enables over 300,000 people to budget for their utility bill payments through the UK Post Office.

Speaking at the awards ceremony, Michael Dawson, group CEO at GVS said, “We created Budget Card with the aim of delivering an innovative and secure product for Post Office customers. This award is superb recognition of the product’s success and reaffirms our position as industry innovators among the best in the business.”

A household name in Ireland with the One4all multi-store gift card and voucher, GVS branched into the UK market in 2006 and has grown and extended its business to include a number of innovative prepaid and account based products including the Budget Card.

The Budget Card was launched in May 2010 to enable Post Office customers to budget for their utility bill payments. It replaced the traditional Post Office Savings Stamp which was withdrawn from the Post Office’s network of 12,000 branches.

Celebrating innovation and best practice within the prepaid industry, the Prepaid Awards are open to all companies and individuals providing a prepaid product or service. The awards were judged by an independent panel of experts chaired by Roger Alexander, chairman of Greenings International.