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General Purpose

The Bancorp Bank takes the time to thoroughly understand our new prepaid card programs and then they offer the expertise and flexibility we need to introduce innovative products that meet our goals and exceed our customers’ expectations.

- John Chaney, Chairman and CEO
PreCash, Inc.
 

General Purpose Reloadable (GPR) Prepaid Cards can be used to pay for anything, anywhere, around the world. Consumers
can easily load value onto their prepaid cards from numerous locations, as well as deposit payroll, withdraw cash at ATMs or pay bills. In addition, GPR Prepaid Cards make it easy to manage spending by giving users online account access. GPR Prepaid Cards work especially well for those without traditional banking services who want access to the benefits of a checking account or other financial products. GPR Prepaid Cards are a great option for under-banked consumers, college students, or others without traditional banking services who desire the convenience of a prepaid MasterCard®card, prepaid Visa® card or a prepaid Discover® Network card. GPR cards open a world of advantages previously available only to those with traditional bank accounts.

Payroll Cards
Corporate clients appreciate the ability to streamline payroll operations with Payroll Cards. Payroll dollars can be automatically loaded to the prepaid card, 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

MasterCard is a registered trademark of MasterCard International Incorporated.
Discover Network and the Discover® Network Acceptance Mark are service marks used by The Bancorp bank under license from Discover Financial Services LLC.



 
     

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