The PPG Submerchant Program allows clients to launch their own Generic Prepaid Reloadable Card (GPRC) program without requiring any prior experience or knowledge of running a prepaid card program. PPG offers a range of generic prepaid card designs that can suit a wide range of products and services.
It is the perfect platform for companies looking for a simple, and secure way to pay commissions or distribute compensations to their clients, agents, members or employees, or just a cost-effective alternative to traditional corporate card programmes.
- Minimal set up free
A one-time set up fee (Please contact us for details) is all that is required to open a PPG Submerchant account.
- Simplified KYC process
PPG utilises a straightforward KYC approval process. The Submerchant can be a corporate entity or an individual.
- Short Time to Market
It typically takes 3-5 weeks to bring a new Submerchant’s generic prepaid card to market upon KYC approvals. The nature of your business and industry it is related to will influence the KYC approval process.
- PPG Portal and Card Data
Submerchants have access to cardholder data via the PPG Portal. Other services allowing you to break down spending by merchant class for marketing purposes, tracking spending with partners and identifying cardholder trends are available on request.
- PPG Verify Subscription ( optional add-on )
PPG offers a discounted a Know Your Customer (KYC) Verification program to assist in the KYC process for prepaid card application and issuance.
- PPG Travel Protection ( optional add-on )
PPG offers a discounted bundling offer with a comprehensive, annual multi-trip family travel insurance as an added benefit for your cardholders.
Benefits of prepaid cardholders
- NO extra charge for card personalization
- Everyone qualifies, no employment or credit checks
- No bank account required
- LOW administration fees and retail purchases (POS) transaction fees, competitive ATM charges
- Use everywhere, online and offline
- Withdraw cash from ATMs worldwide
- Comes with a Secured EMV Chip-and-PIN Prepaid card for an additional layer of security
- Manage your account online or via mobile
- No monthly statements or interest payment
- Easy 24-hour online access to account information