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Consumers purchase a number of goods and services with the help of varying payment methods that are available in today's world. These methods of payments include a range of debit cards, credit cards, checks, cash, bank drafts, money orders, and prepaid credit cards.
Defining Prepaid Credit Cards Prepaid credit cards are not your typical credit cards, as the money you spend belongs to you and not the bank. For instance, if your budget for the month is $25,000, you will deposit that amount into the prepaid credit card for later use.
What Is Co-Branding? Many businesses offer co-branded prepaid cards to their customers and employees via a prepaid credit card program. A card that has been co-branded contains two logos or brands on it. The first is your business's brand logo. The second is a logo of MasterCard or Visa.
Thus, a co-branded card is a type of partnership between your business and MasterCard or Visa; that allows you to provide your customers and staff with the opportunity to spend money all over the globe with the help of a prepaid card program.
In fact, numerous companies that have come together to produce the card have their logo present on the card. After the company distributes the card to their respective cardholders, the company or the cardholder can deposit money into it. Thus, allowing the cardholders to purchase from online retailers located across the globe.
Business Benefits of Co-Branded Cards A co-branded prepaid credit card can bring a number of benefits for your commercial enterprise. Some of the most common advantages include:
Your customers will feel at ease when using the card, as it minimizes the risk of stolen identity and leaked personal details, and in the process increases your profits.
It is a safe way of making transactions and can easily be used by your customers and employees at all stores worldwide.
Your employees will be able to make use of their salaries in an easier and convenient manner with the help of your prepaid card program.
The prepaid card program allows employees to access their salary as soon as the company deposits it.
By collaborating with MasterCard and Visa, your employees and customers will be able to make transactions from the card no matter where they might be present, as both these brands have a presence in more than 100 countries in the world.
Opting for a co-branded prepaid card has a number of benefits and if you want to bring additional growth, success and publicity to your business, offer a co-branded card to your customers, printed with your logo for additional marketing.
Defining Prepaid Credit Cards Prepaid credit cards are not your typical credit cards, as the money you spend belongs to you and not the bank. For instance, if your budget for the month is $25,000, you will deposit that amount into the prepaid credit card for later use.
What Is Co-Branding? Many businesses offer co-branded prepaid cards to their customers and employees via a prepaid credit card program. A card that has been co-branded contains two logos or brands on it. The first is your business's brand logo. The second is a logo of MasterCard or Visa.
Thus, a co-branded card is a type of partnership between your business and MasterCard or Visa; that allows you to provide your customers and staff with the opportunity to spend money all over the globe with the help of a prepaid card program.
In fact, numerous companies that have come together to produce the card have their logo present on the card. After the company distributes the card to their respective cardholders, the company or the cardholder can deposit money into it. Thus, allowing the cardholders to purchase from online retailers located across the globe.
Business Benefits of Co-Branded Cards A co-branded prepaid credit card can bring a number of benefits for your commercial enterprise. Some of the most common advantages include:
Your customers will feel at ease when using the card, as it minimizes the risk of stolen identity and leaked personal details, and in the process increases your profits.
It is a safe way of making transactions and can easily be used by your customers and employees at all stores worldwide.
Your employees will be able to make use of their salaries in an easier and convenient manner with the help of your prepaid card program.
The prepaid card program allows employees to access their salary as soon as the company deposits it.
By collaborating with MasterCard and Visa, your employees and customers will be able to make transactions from the card no matter where they might be present, as both these brands have a presence in more than 100 countries in the world.
Opting for a co-branded prepaid card has a number of benefits and if you want to bring additional growth, success and publicity to your business, offer a co-branded card to your customers, printed with your logo for additional marketing.
About the Author:
There are a number of prepaid card programs offered across the globe. So find the best co-branded prepaid cards that suit your goals and rail the benefits for your business.. This article, Benefiting Your Business With Co-Branded Prepaid Cards is available for free reprint.
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