Co-Branded Prepaid Cards

Co-Branded Prepaid Cards

Debit cards – Credit cards – Prepaid cards

Are you wondering how you should handle all your business transactions? Does using cash as your mode of payment seem inconvenient to you? Are you looking for ways to improve the management of all your purchases and payments? If your answer to these questions is Yes, then it is time for you to get a prepaid card from Cobranded Prepaid.

Cobranded Prepaid offers prepaid card programs, debit card programs and credit card programs that are co-branded with the Visa and MasterCard – the two leading financial service providers. Co-branded cards display the logo or name of the company. But co-branded cards are not just plastic cards with fancy logos on them. These cards carry immense value as they can simplify all your transactions and you can complete payments and purchases with just a swipe of the card. Co-branded cards represent a partnership between the business, customer, financial service provider and card issuing authority. Cobranded card programs offer incentives to the customers in the form of reward programs and other attractive offers. Co-branded card programs can take your small business to the next level and assist in its rapid growth.

Debit Cards

Debit cards are fairly common and provide a very convenient mode of carrying out financial transactions. A debit card is usually linked to a checking account and the funds from the account can be drawn out through an ATM using the card. You also have the option of making direct purchases and payments with your debit card. Cobranded Debit Cards

Credit Cards

Credit cards are also used as a mode of completing payments and purchases. Both credit cards and debit cards are used for the same purpose essentially but the mechanism is different for each. While debit cards draw the existing funds, credit cards use a credit line that is provided by the card issuing authority. The funds that are used are a debt that the card holder must pay with added interest to the issuing authority. Credit Cards

A debit card can be used in addition to the credit card if it is a secondary card. It provides an added advantage especially in case of an emergency.

Prepaid Cards

Prepaid cards are used for making transactions as well but the money is deposited beforehand by the card holder. This enables the user to maintain his budget, as he is not allowed to go beyond a certain limit unless he deposits more funds. These cards are especially effective for impulsive buyers who have difficulty practicing self-restraint when it comes to shopping. Prepaid Cards

At Silver Cards Cobranded Prepaid, the prepaid cards are co-branded with Visa and MasterCard for the convenience of the customers. These co-branded card programs can be customized in order to meet the specific needs of a business or an individual customer.

Prepaid Debit Card

Co Branded Prepaid Debit Card

Cobranded prepaid card Programs 

A debit card is a plastic card linked to a financial account for usage to complete payments or purchases. It is considered a  form of cash payment, as the funds used to complete a transaction are automatically withdrawn from the financial account that the card is associated with.

Debit cards are convenient for both the customer and the merchant. Checks can be annoying to write, cumbersome to deposit and slow to clear. Debit card transactions usually clear within 24 hours. Plus, business establishments accept debit cards more often than they accept checks, and businesses generally pay less to process debit card payments than they do to process credit card payments.

A prepaid Debit card offers the user the same benefits as a regular credit card, but there is no inherent risk on the part of the card issuer or the user. The funds used to complete purchases with a prepaid Debit card are not borrowed, but pre deposited by the card user. The card user can utilize funds available for purchases, but must refill their account to continue spending beyond the pre established spending limit.
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