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Prepaid Card Industry Introduction
The prepaid and stored value card industry is well established as a cohesive marketplace. Almost non-existent 10 years ago, the prepaid card industry has grown rapidly, and successfully electronified payments in many categories, both domestically and internationally: Corporate and Consumer; and Unbanked, Underserved and Payroll. The prepaid and stored value card industry is already recognized as a critical part of the payments landscape. Growth in numbers of cards issued, transaction volume, and dollars loaded and spent on prepaid and stored value cards continues to rise dramatically.
Prepaid Cards - The Cash Alternative
The CardFlex™ Reloadable Prepaid card is a smart and cost-effective alternative to carrying cash and paying check cashing fees. Because it is a pre-funded card, you only spend what money you load on it and you can typically get it without a credit check or bank account. CardFlex™ Prepaid card solutions offer exclusive, valuable cardholder features and benefits.
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Prepaid Payroll Solutions
CardFlex offers a comprehensive payroll card solution. These cards are issued to businesses that want a safer, low cost method to pay their unbanked or underbanked employees. Every business can use its existing direct deposit methods to give their employees instant access to their pay on payday. These cards can be used anywhere Debit MasterCard® is accepted.
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Reseller Opportunities in Prepaid Cards and Payroll Solutions
Our Reseller Program offers a low risk, low cost opportunity for fast entry into the prepaid market. CardFlex offers an extensive selection of prepaid products including both ATM and MasterCard payroll cards, and General Purpose MasterCard Signature Cards. We believe that we can better serve our client base by providing easy to use technology coupled with financial opportunities to third party service providers and ISO’s whose long lasting relationships with business clients make them ideal candidates to sell these products.
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