Monday, August 3, 2015

How Can Co-Branded Prepaid Cards Improve Your Customers' Shopping Experience?

By Jenna Clark


The advertising experts in the business market say that there are two basics ways for a company to attract more customers. The first one is direct marketing, in which the service or product of the company is promoted through online advertisements, TV commercials, and more.

The second way is through indirect marketing. In this, customers are influenced or attracted by providing them with additional services that make their everyday tasks easier.

It has now become a popular trend that all leading companies are following; issuing their employees and customers a co-branded prepaid card. This is a special type of payment card that has several logos printed on it. These can either be your business's logos that represent the cardholder as a potential customer of your company, or logos of the banking institutions that your company is partnered with.

Prepaid cards enable clients to access and use the money that they have in their bank accounts, whenever they are in need. Regardless of when or where they are shopping, the clients can easily avail their money without any security risks.

Usually, people use different types of prepaid cards. But the one that we are emphasizing today is the co-branded prepaid card. Like any other payment card, it allows you access your bank-savings. However, what makes this card different is the number of logos printed on it.

Co-branded prepaid cards have several logos on them, which belong to the three different companies associated with it: the card providing company, the prepaid card program such as MasterCard or Visa, and the bank where the customer has an account.

If you are wondering how these co-branded prepaid cards improve the shopping experience of your clients, then here comes the list of benefits that they can enjoy:

- A prepaid card program makes the payment process quite simple, by minimizing the risks of identity theft or the leakage of information.

- Purchasing via card will make the entire process safer by minimizing the risks of identity theft and unsecured personal information.

- These cards also allow employees to access their salary as soon as it is deposited in the accounts. In addition, prepaid card programs enable organizations to work in partnership with renowned names like Visa or MasterCard. By doing so, companies can provide their customers with services similar to credit transactions.

Currently, there are several prepaid card programs available for businesses to use. So be wise and choose the best co-branded prepaid cards for your business.




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