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Private Label Definition

 

Definition

Private Label is the process where a company or organization wishes to have their own brand name or logo and customized transaction fees.  It is usually more expensive and a much lenghten process as the merchant would have to fulfill due dilligence, KYC and other requirements. A financial and criminal background check is often required. If you are an entrepreneur who is looking at going into the prepaid card industry full time, the private label is the way to go. We can definitely set you on the right path to achieving your goals. We will require a minimum order of 5,000 cards and a set up fee. Please Click to complete our online application form.

 
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Applicable law requires that all financial institutions obtain, verify & record information that identifies each person who opens an account. You will be asked to provide your name, address date of birth and other information that will allow us to identify you. You may be asked to provide documentation as proof of identity. Approval is contingent upon passing this mandatory identity confirmation.

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