Private Label Prepaid Debit Card
White label prepaid cards fully customised branded card solution with complete card management our white label prepaid card solution is designed to offer clients looking for their own program with an effective road to market for their own fully branded card product. For purposes of this article we will focus on private label ach cards.
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Find prepaid card solution programs prepaid payroll cards co branded prepaid card private label prepaid debit card and more from the leading prepaid debit card providers at prepay uk ltd.
Private label prepaid debit card. White label card program. This offering is the only one to offer flexible cardholder pricing ideal for larger revenue streams. Private label credit cards are usually either credit cards or prepaid cards.
Also known as closed loop debit and decoupled debit cards private label ach cards are not issued by a bank or a credit union. Transact24 manages all day to day operations. Its a co op venture so your business logo will be the primary card branding while the program sponsor will receive a place on the card as well.
Consider a private label relationship. In payments industry parlance a private label card is a retailer branded card that can only be used at that retailers outlets. Starbucks and nordstrom for example both issue private label cards in the us.
The private label card difference is that these transactions occur in a closed loop and are designed to increase sales and enhance customer loyalty rather than focusing on the credit feature as a profit center. Every other aspect of the private label program is customisable excluding currency and load limits and no background in operating a prepaid card program is required. For that reason there are private label prepaid debit card partnerships that can be developed which can save a lot of money on the startup costs.
Private label prepaid cards. Also called a closed loop card. No previous background in operating a prepaid card programme is required as all day to day management is offed by transact24.
Prepaid credit cards and debit cards partnerships co branded card programs prepaid debit cards and credit cards credocard is the industry leader for co branded cards co branded prepaid cards white label card programs software and payment integration platforms and turnkey payment solutions. White label prepaid cards are suitable for clients who are seeking an effective road to market for their own fully branded card product. Profitable strategies for increasing private label card income a first data white paper prepaid solutions recently proposed durbin amendment regulations may springboard prepaid cards to the forefront of payment options for.
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