© 2006 – 2025 Payment Card Solutions (UK) Limited trading as B4B Payments is a financial technology company authorised by the Financial Conduct Authority to conduct electronic money service activities under the Electronic Money Regulations 2011 (Ref: 930619). UAB B4B Payments Europe is authorised by the Bank of Lithuania as an Electronic Money Institution (Licence No: 76) under the Law on Electronic Money and Electronic Money Institutions 2011.

In Europe, Cards are issued by B4B Payments pursuant to license by Mastercard International Inc. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

All communications should be sent to: Europe – PO Box 76256, London, SW1P 9NU. USA – B4B Payments, 40 Washington Street Suite 150 Wellesley, MA. 02481.

B4B wants to ensure our customers know that their security is of the utmost importance. As such, we will never ask you to tell us your passwords, card PINs or One-Time Passcodes (OTPs).

At B4B Payments, we have taken all necessary steps to secure customer data and protect their privacy. Our systems have been designed with numerous layers of encryption and stringent firewalls. We use a combination of biometrics, two-factor authentication and other methods when customers access our services online or via our app.

Fast, Secure & Scalable Payout Solutions for Insurance Companies

Managing insurance payouts and customer incentives shouldn’t be complicated. Traditional methods often involve manual reimbursements and complex tracking, which slows down the process and makes reconciliation errors challenging to track. 

B4B Payment prepaid card programs offer a seamless, secure, and fully auditable way to issue instant and flexible payout cards, ensuring efficient, transparent financial management for insurance and Insurtech companies.

Simplify Student Payments.

Helping Insurers Deliver Seamless Payouts

Insurance companies must efficiently handle payouts, whether for policyholder claims, compensation disbursements, or expense management. Relying on traditional bank transfers can lead to delays, administrative burdens, and a lack of tracking, while cash payments introduce security risks and compliance challenges.

Our prepaid card programs ensure insurers can:

Instantly issue insurance payouts, eliminating banking delays and cash handling.

Provide real-time tracking and reporting for complete financial transparency.

Enhance customer satisfaction by delivering fast, hassle-free payments.

Automate referral rewards to incentivise customer loyalty and advocacy.

An innovative insurance company needed a quick and reliable way to disburse insurance payouts to policyholders without the delays and fees associated with traditional bank transfers. Manual processing not only increased administrative workload but also left customers waiting too long for their claims to be settled—leading to frustration and a negative customer experience.

Through the adoption of our prepaid and virtual payout card solutions, the company successfully achieved the following outcomes:

Fast. Fair. Flexible. A New Approach to Insurance Payouts

Issue instant payouts directly to policyholders, eliminating delays and banking fees.

Maintain full financial transparency with real-time transaction monitoring and reporting.

Boost customer satisfaction by delivering fast, hassle-free compensation, fostering stronger client relationships.

Reduce operational costs through automated payout processing, saving time and resources.

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See How B4B Can Optimise Your Payout Process

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With over 19 years of expertise in payments and as a proud member of the Banking Circle group of companies, B4B Payments is a globally recognised leader in insurance and Insurtech payment solutions. As a licensed E-Money Institution (EMI) in the UK and EEA and a Principal Member of Mastercard, we provide secure, scalable, and compliance-ready financial solutions tailored for the insurance industry.

Streamline Your Insurance Payouts

Learn How B4B Can Streamline Your Insurance Payouts

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Why Insurance Companies Choose Our Prepaid Card Programs

Instant Claim Payouts –
No banking delays or manual processing.

Real-Time Transaction Tracking –
Maintain full transparency and compliance.

Branded Payout Cards – 
Provide a seamless customer experience with white-label options.

Seamless API Integration – 
Automate payout and reward distribution with ease.

Optimise Your Insurance Payout Strategy Today

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Simplifying Business Payments Globally
“Effortless, Compliant, and Secure Global Business Transactions”

With prepaid cards, the insurance company transformed its payout process, enhancing operational efficiency and delivering policyholders a seamless, reliable payment experience.