If you currently offer a Membership Card for your consumer base, then adding Prepaid functionality may be a suitable add on for you.
Using Prepaid could suit your business if:
You currently receive card payments from members
You have a member base that may not necessarily qualify for a card product
Associating with a major scheme (MasterCard, Visa or American Express) would add value to your brand
You wish to promote online discount or "Cash Back" promotions to your customers
You need an electronic way to know who is currently "on site" from you membership base
In each of these circumstances a Prepaid could be of benefit to your organisation. In fact we here at European Prepaid believe that most membership groups could enhance their membership benefits with the addition of Prepaid.
For example one of our clients wanted to issue a multi functional Prepaid Card to their members so that they could use this as the way to pay for services within a club. The card was enabled with a contactless payment chip allowing for small value transactions to happen very quickly therefore reducing the queue times at concession locations within the club.
It is possible to add the photo of your member to the card which then could reduce your costs in terms of card issuing.
To gain real value out of this type of product it is anticipated that you will already have in excess of 10,000 members as well as the necessary contact details to allocate this card to.
If this sounds like your organisation and you would like to find out more, please contact us for more information.