Draft:Metro Prepaid UK

Metro Prepaid was founded in 2015 to collect electricity payments from tenants on behalf of landlords using prepaid meters or sub-meters.

Company history
In 2015, Metro Prepaid Proprietary Limited was formed with an initial focus on water sub-meters enabling tenants to manage their usage with prepayment tokens.

It was initially founded by Iain Clarke and Simon Tippett in Cape Town, South Africa to manage utilities and water for the properties from the commercial property investment company Jenzi Holdings Proprietary Limited. Later Cape Business Parks Proprietary Limited was created to develop, maintain and provide property management services to Jenzi Holdings.

In 2017 Metro Holdings Limited was formed and initially based in Mauritius to develop Metro Prepaid outside of Africa. Metro Prepaid Limited was incorporated shortly afterwards to focus on the United Kingdom market, selling utility sub meters.

Origins of the Metro Prepaid Brand
The name Metro Prepaid was derived from the Italian word "Metre" when used as a noun. Metro Prepaid describes the business of managing utility usage through prepayment. Utility prepayment has been shown to, through the awareness of usage it allows, reduce energy usage and by extension carbon emissions. The arrows in the Metro Prepaid emblem symbolise the flow of electricity or water.

Operations
Metro Holdings Limited has operations in the UK. Development is underway to extend the availability of products and services to the Republic of Ireland, Spain and Malta.

Headquarters and Offices
Metro Prepaid Limited’s offices are located just outside London and on the River Thames at Unit 1, Tims Boat Yard, Timsway, Staines-Upon-Thames, TW18 3JY.

Products and Services
Metro Prepaid offers electric sub meters or prepayment meters. MBUS wired keypads can be set at any height.

Vending
Metro Prepaid vends through channels such as Metro Pay-By-Phone, Online Credit or Debit card top-ups or PayPoint high street vending locations.

Culture
Metro Prepaid has a call centre to attend to customer queries and provide support to landlords, electricians and tenants.

Related Products
Emlite

Owen Brothers Metering

Itron

License Model
Metro Prepaid has in conjunction with Bizswitch Services created a sub-metering licence model for new markets.