Marketing experts say that there is one essential way a company can attract more customers – Direct Marketing. Direct marketing is a method in which the service or product is promoted via online ads, TV commercials, and so on. We’ve found that co-branded prepaid cards help fulfill that essential marketing purpose.
Prepaid cards allow your company a way to facilitate customers’ shopping experiences while also keeping your brand close at hand. Offering your customers, a prepaid card program option also presents them with several benefits, which can aid brand loyalty.
A co-branded prepaid card is a payment card which can be issued by a company to its employees and/or customers. The term “co-branded” means that the card will have more than one logo displayed. One will be the logo of the prepaid card program provider (such as MasterCard or VISA) and another will be the logo of your business, which will represent the cardholder’s connection to your company. A third logo will be the bank wherever the customers has an account.
The principal benefits of issuing these prepaid cards is that the transactions are easier and less time-consuming, which improves the entire shopping experience. This enhanced service that you have provided increases customer satisfaction and brand loyalty, and may sway the cardholder to select for your services again in the future.
Benefits of Co-Branded Prepaid Cards Include:
– Prepaid Card Program allows employees to quick and easy access to their salary as soon they are paid.
– Co-Branded Prepaid Cards are more convenient than cash—no more shuffling through a wallet or purse—just zip through with a prepaid card
– Co-branded prepaid cards is an attractive and functional way to advertise your services
-Offering a co-branded prepaid card program to potential customers can influence them to choose your services over others.