Latin America pre paid debit cards white labelling
They can be loaded through payroll direct deposit, government benefits or tax refunds, or over-the-counter at designated locations. Although up until now they have been viewed largely as a payment transaction tool, a prepaid debit card could act as a virtual checking account, a purchase card, a remittance tool, a front-end to other payment mechanisms such as on-line financial services, as well as, a savings instrument and an introduction for Low-wage immigrant workers to asset-building strategies. Given such a powerful product value proposition and the myriad of vendor offers in the marketplace today, why haven’t we seen greater product utilisation of prepaid debit cards in low income communities? Some prepaid debit products have not offered a good value: they have been too expensive and lack the right product configurations. We now have suitable prepaid products for the thus far un-banked communities around the world. Please complete the contact form to find out more...
