What prior experience do I need in order to set up my own White Label Prepaid Card Program?
No prior experience or knowledge of running a prepaid card program required.
How can a White Label Prepaid Card Program help my business?
White Label Prepaid Card Programs help businesses in the following ways:
- Attract new customers and increase loyalty
Merchants benefit from increased customer and member loyalty by providing more secure and more convenient access to cash, bonuses, and other payments.
- Increase Brand Loyalty
Prepaid cards come with their own unique identifies that can be utilised with loyalty or reward programs. This allows you to track cardholder spending with you and your partners, making loyalty schemes easier to manage and facilitate.
- Raise Brand Awareness
Cards can be customised, giving them the look and feel of your company or brand. This gives you a unique, fully-branded prepaid card that can increase recognition and awareness of your brand when your cards are used.
- Provide efficient and better cash management
A prepaid card program will remove money transfer problems by facilitating corporate payroll, commission payouts, affiliate programs, loyalty and reward payments, and many other payment solutions.
- Comprehensive reporting tools
The web-based PPG Portal provides access to comprehensive reporting tools for better customer management.
- Useful Cardholder Data
Program owners have access to cardholder data, allowing you to break down spending by merchant class for marketing purposes, track spending with partners and identify cardholder trends.
What can the White Label Prepaid Card be used for?
The White Label Prepaid Card can be used for the following purposes:
- Pension Payments
- Day to Day card usage
- Travel and Entertainment
What are the benefits of a White Label Prepaid Card?
- Accepted worldwide
- No monthly statements or interest payment
- Easy 24 hour online access to account information
- Worldwide accessibility through POS terminals and ATMs
- Available in multiple currencies
- Online access and transfers
- Issued with or without cardholder’s name
- Branded with your own logo and design
Is PPG able to integrate with my existing website?
PPG offers a seamless integration and our API offers a full-service suite of powerful integration options, allowing you to incorporate cardholder services into your existing applications and websites.
Will the White Label Prepaid Card Program Owner be able to decide on Cardholder fees?
Yes, PPG allows program owners to customise their fee profile. The fees that cardholders are charged for using your cards, along with the revenue share you make on these fees as program owners, can be customised.
How long does it take to bring a new White Label Prepaid Card Program to Market?
It typically takes 3-4 months* to bring a new white label prepaid card to market once the issuer has granted approval.
* Every application varies and is subject to approvals
What will the White Label Prepaid Card Program Cardholders get?
Cardholders will receive a generic reloadable prepaid card with a Secured EMV Chip and PIN that works just like any credit/debit card, allowing cardholders to make purchases online, in-store or over the phone, as well as to withdraw cash from ATMs.
Cardholders have full access to their accounts via their own Cardholder Portals. The Cardholder Portal is a full online banking tool for managing and accessing card accounts and perform the following transactions :
- Upgrade card limits
- View transaction history
- Manage personal profile
- Check balance and account info
- Report lost/ stolen card
- Request a plastic card to be mailed to their address
- Perform Card2Card transfers