finance

Scottish firm named as part of £1.5 billion UK Government voucher scheme



Miconex has been named as a supplier to the UK Government’s £1.5bn Voucher Schemes Framework.

The Scottish company will be an official supplier for Crown Commercial Service (CCS) to the framework which lets public sector bodies make specific voucher or gift card purchases.

It is in place for 24 months, with the option for CCS to extend the framework for two further 12 month extensions.

Perthshire-based Miconex is one of the 13 suppliers that will offer vouchers or gift cards through its new online portal, managing the distribution of gift cards to bodies such as local authorities.

Colin Munro, managing director at Miconex, said: “Local authorities and other agencies will be able to purchase our local gift cards or vouchers for their use cases by logging into our new platform, reading our prospectus including our case studies, and placing their order.”

Miconex operates its town and city gift card local programmes with more than 60 towns and cities in the UK and Ireland, alongside EML Payments.

Town and City Gift Cards are prepaid Mastercards, working like local currency and encouraging local shopping.

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