Payment Solutions Group: General Purpose

General Purpose Cards

General Purpose cards can be loaded by the consumer with the desired value. The consumer is then able to manage spending according to the value on the card. These prepaid cards are ideal for college students, those without traditional banking services who desire the convenience of a prepaid MasterCard® Card, a prepaid Visa® card or a prepaid Discover® Network card, or for anyone looking to take control of their budget.

Payroll Cards

Your corporate clients will appreciate the ability to streamline their payroll operations. Payroll dollars can be automatically loaded, providing the simplicity of adding funds directly to employees’ payroll cards. The recipient can then access funds, pay bills and make purchases. According to Banking Strategies, a magazine published by BAI, corporations that shift from checks to plastic cards can reduce their total check costs by 70%*.

* The Value in Stored Value: Marketing stored-value cards such as gift cards brings in fee income and may help attract some new customers. July/August 2003, Volume LXXIX Number IV

Our prepaid card solutions are developed in accordance with the regulations set forth by the card associations. Each of these programs strives to optimize financial return while meeting the requirements of the industry.