STORED VALUE CARD
Stored Value Cards enable you to fulfill the financial needs of a wider market. These cards have the
spending functionality of a debit or credit card offered by VISA or Mastercard and
the ability to be ‘reloaded’ by the card program administrator. This means that funds can be added to the card
balance at any time to manage or share an account with designated recipients across the globe.
INSTITUTION BENEFITS:
- Card fees
- Transaction fees
- Account fees
- Transfer fees
- Turnkey program
- Co-branded cards can be produced
USERS:
- Customers with less than perfect credit
- Customers who do not qualify for a bank account
- Customers who prefer not to carry cash
- Customers who need real-time, low-cost money transfers
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