HOW CLIENTS USE PREPAID CARDS
| How | Why |
|---|---|
| CUSTOMER ACQUISITION | Including cashback promotions: replacing discounts. Greater perceived value by the consumer! Higher response rates |
| CUSTOMER RETENTION | Reward them for renewing |
| “SORRY” | Gestures after customer service or product errors, mend the relationship! |
| INSURANCE CLAIMS, DIVIDEND PAYMENTS | Highest consumer appeal, as it is easier to access funds and gives ultimate choice on what they buy, from whomever and whenever. |
| COMMISSIONS | Reloadable Mastercard and Visa card. Your branded card becomes top of wallet. Every time it is used they are reminded of the incentive. |
| BUSINESS EXPENSES | A great substitute for petty cash, per diem allowances, entertainment, kilometers, parking, toll, stationery and supplies. Tax deduction, no paperwork; no book keeping; prevents cab charge abuse via time details and transportation. |
| STAFF GIFT, RECOGNITION REWARDS | Proved powerful motivation. Preferred reward by 95% |
| REFUNDS, ACCESS TO FUNDS | Highest consumer appeal, as it is easier to access funds and gives ultimate choice on what they buy, from whomever and whenever. |
| How | Why |
|---|---|
| CUSTOMER ACQUISITION | Including cashback promotions: replacing discounts. Greater perceived value by the consumer! Higher response rates |
| CUSTOMER RETENTION | Reward them for renewing |
| “SORRY” | Gestures after customer service or product errors, mend the relationship! |
| INSURANCE CLAIMS, DIVIDEND PAYMENTS | Highest consumer appeal, as it is easier to access funds and gives ultimate choice on what they buy, from whomever and whenever. |
| COMMISSIONS | Reloadable Mastercard and Visa card. Your branded card becomes top of wallet. Every time it is used they are reminded of the incentive. |
| BUSINESS EXPENSES | A great substitute for petty cash, per diem allowances, entertainment, kilometers, parking, toll, stationery and supplies. Tax deduction, no paperwork; no book keeping; prevents cab charge abuse via time details and transportation. |
| STAFF GIFT, RECOGNITION REWARDS | Proved powerful motivation. Preferred reward by 95% |
| REFUNDS, ACCESS TO FUNDS | Highest consumer appeal, as it is easier to access funds and gives ultimate choice on what they buy, from whomever and whenever. |
Client Results
Employee expenses budget reduced by 35% & cash advances reduced by 5% of
what they were – 95% reduction!!