Praxell is a leading stored value technology enabler, providing prepaid debit card services to financial institutions & employers and closed-loop gift card, merchant credit and loyalty/reward solutions to merchants and service providers. Our prepaid debit products and services enable those who serve the un- and under-banked. Our closed-loop products and services enable leading retailers in the US and around the world to offer some of the most creative and effective card-based marketing programs in the world. Our open platform has been quickly and successfully integrated with credit card and ATM networks, payment processors, POS networks, and retail systems around the world. Founded in 1999, Praxell is headquartered in New York City, has R&D facilities in Israel, and sales offices in North and South America, Europe, and Asia.