The prepaid card is a billion dollar industry. It is estimated that over 1 billion people have no credit card nor a bank account. For this reason, the market for prepaid cards will always be lucrative and ideal to make payments and for money to exchange hands without the insecurity of carrying cash.
Profit and Non Profit Organizations
Organizations embraces prepaid cash cards for the following purposes:
To set up payroll.
to give gifts to friends and relatives.
To payout claims and commissions.
To give bonuses to marketing force.
Individuals uses our cards to receive payments or money from friends, employer, business associates. It is also a viable tool to transfer funds from Card-to-Card which is one of the cheapest and fastest ways. Those without good credit and no bank account can order our prepaid MasterCard or Visa Card to execute purchases online and make payments for goods and services.
Retailers and Entrepreneurs
Reloadable debit cards are ideal as Gift Certificates and enable you avoid the habit of writing checks to pay independent contractors and agents. Reloadable cards save you money in several ways. Reduces the cost of postage, ordering check books and avoidance of credit facilities.