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Prepaid Financial Cards


 

109 Million or 50% of Americans are underbanked

Over 23% of Americans are maxed out on their credit cards

(sources: MRI data and bankrate.com)


Prepaid Debit Cards:

Prepaid debit cards have the appearance and functionality of a traditional credit or debit card, however there are no interest charges, minimum balance requirements or overdraft fees proving a more appealing alternative for cash based consumers.

With the continued growth of electronic payments, prepaid debit cards open purchasing capabilities to cash based consumers, low-income families, the unbanked and underbanked, and people with poor or no credit.

Prepaid debit cards give consumers the ability to conveniently pay bills or make internet purchases while replacing more costly and time consuming cash payment alternatives such as money orders and walk-in bill payments.

Instant Approval. Your customers can use the card immediately after the initial load.
No credit check. No application. It’s easy to get.
No bank account needed. No overdraft fees.
Safer and more convenient than carrying cash.

MasterCard and Visa Gift Cards:

Insert Pictures of Prepaid Visa and MasterCards I sent to you previously (6 in all $25, $50 and $100 of both Visa and Mastercard)

Reloadable MasterCard and Visa Programs:

Creates a true destination for retail – over 90% of reloads occur at the same place of purchase.

 

 
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