Covering the consumer and corporate sectors both companies have exciting, technology based, solutions in the areas of expense management, loyalty/rewards and payroll management.

PSI-Pay managing director Phil Davies said: "We are delighted to have been chosen as partner to PerfectCard’s strategic growth plans. After many months of live market testing we have arrived at a winning formula which is proving to be enormously successful."

PerfectCard CEO Nikki Evans said: "After a protracted period of searching for a new partner we decided on PSI-Pay as they had all the ingredients necessary for our future expansion plans and that is, indeed, proving to be the case."