Yordex works with two third-party providers Bankable and TPL to provide your company cards. TPL (Transact Payments Limited) is a regulated Electronic Money Institution and holds the money in a virtual bank account whilst Bankable provides part of the technical backend. The virtual bank account is your Yordex Master Balance the funds in which are used to top up your physical and virtual Yordex cards.
For the provision of the Yordex physical cards, you enter into a contract directly with TPL, in the form of Payment Account Terms & Conditions and Prepaid Card Terms & Conditions. Yordex utilises the Mastercard payment network for the payments made using physical Yordex cards.