GPS Joins EazyPay, Mastercard on Prepaid Card
Bahrain-based GPS will provide processing and technology for EazyPay's new Mastercard prepaid card program.
Updated on Nov. 12, 2026 in Credit Cards
Payment technology provider GPS has joined EazyPay and Mastercard to support the launch of EazyPay's Mastercard prepaid card program. GPS will supply card issuing and processing, tokenization, API integration, fraud monitoring and 3D Secure services.
Why it matters
The partnership brings together regional processing infrastructure and Mastercard's global payments network to support a new prepaid card offering. EazyPay is expected to accelerate the rollout of the product as a result.
The announcement names GPS, EazyPay and Mastercard as the participating parties and describes the program as new. No figures on fees, card volumes or user numbers were disclosed.
The players
GPS
GPS is a Bahrain-based payment processing and technology provider serving financial institutions and fintechs across regional and global markets.
Mastercard
Mastercard is a global payments technology company operating one of the world's largest card networks.
The details
GPS provides the processing infrastructure and technology behind EazyPay's prepaid card, which is integrated with Mastercard's global payments network. The services cover card issuing and processing, tokenization, API integration, fraud monitoring and 3D Secure authentication.
Timeline
The partnership announcement was published on November 12, 2026.
Market Dynamics
The prepaid card program plugs a regional processor into Mastercard's global network, extending card acceptance models already used across emerging-market fintech. It follows a pattern in which card networks partner with specialist processors to bring new issuers to market quickly.
Customers of EazyPay may eventually be able to access a Mastercard prepaid card, though no launch date or pricing has been announced. Consumers should check fees and terms once the product becomes available.
The takeaway
Prepaid card programs often depend on specialist processors to handle issuing and fraud controls behind the scenes. Readers comparing prepaid options should look at fees, reload costs and fraud protections before signing up.
Further reading
For more on how prepaid and card products work, see Credit Cards.
