The selling and purchasing of goods and services has remained one of the most ancient activities throughout history. This practice started from the barter system and then gradually evolved to well organized methods that we use today. During this entire process of evolution, a major invention was made that changed the game of commerce. This invention was that of money - the ultimate medium of all transactions.
Usually, people are aware of debit and MasterCard credit cards only as the sole medium of carrying plastic money along with them. However, there is one more type of card that allows customers to use the money that have saved in their bank accounts, whenever they want. This is a prepaid card that comes under co-branded card programs.
Most people usually believe that debit cards or MasterCard credit cards are the only options through which customers can instantly access and avail the money that is saved in their bank accounts.
However, in reality, there are other types of payment cards as well that render quick transaction services and thus, can be used as plastic money. A co-branded card is one of them.
Contrary to regular credit cards, co-branded prepaid credit cards allow the cardholders to use the fixed value of money that is already stored in their bank accounts. In other words, these cards allow customers to use the money they own via a credit card.
Basic Features of a Co-Branded Credit Card Program There are numerous advantageous features that are provided by a co-branded card program. Some of these have been discussed below:
Features of a Co-Branded Credit Card Program A card that is associated with a renowned program like MasterCard credit card has several beneficial features that can facilitate your customers. These include:
Now that you now about the basics of a co-branded card, it is the time to move onto it features: Little Or No Service Charge - A credit card program like this can provide customers with the safety and convenience of making quick transactions at minimum rates.
International Functionality - Since MasterCard and Visa are service providers recognized all around the globe; co-branded card programs are acceptable regardless of your location.
Free and Quick Replacement - Some card providers even provide free and easy replacement of the card, in case it is stolen or lost.
Quick Replacement Procedures - In case your customers lose their cards, this program will provide a free service of the replacement of the card.
Usually, people are aware of debit and MasterCard credit cards only as the sole medium of carrying plastic money along with them. However, there is one more type of card that allows customers to use the money that have saved in their bank accounts, whenever they want. This is a prepaid card that comes under co-branded card programs.
Most people usually believe that debit cards or MasterCard credit cards are the only options through which customers can instantly access and avail the money that is saved in their bank accounts.
However, in reality, there are other types of payment cards as well that render quick transaction services and thus, can be used as plastic money. A co-branded card is one of them.
Contrary to regular credit cards, co-branded prepaid credit cards allow the cardholders to use the fixed value of money that is already stored in their bank accounts. In other words, these cards allow customers to use the money they own via a credit card.
Basic Features of a Co-Branded Credit Card Program There are numerous advantageous features that are provided by a co-branded card program. Some of these have been discussed below:
Features of a Co-Branded Credit Card Program A card that is associated with a renowned program like MasterCard credit card has several beneficial features that can facilitate your customers. These include:
Now that you now about the basics of a co-branded card, it is the time to move onto it features: Little Or No Service Charge - A credit card program like this can provide customers with the safety and convenience of making quick transactions at minimum rates.
International Functionality - Since MasterCard and Visa are service providers recognized all around the globe; co-branded card programs are acceptable regardless of your location.
Free and Quick Replacement - Some card providers even provide free and easy replacement of the card, in case it is stolen or lost.
Quick Replacement Procedures - In case your customers lose their cards, this program will provide a free service of the replacement of the card.
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There are many benefits for obtaining co-branded card programs. Pick a VISA or MasterCard credit card program to use them.
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