Co-branded debit card programs involve collaboration among a bank, credit card provider and business organization. Co-branded cards can be very effective financial tool for the companies in building customer loyalty and increasing the sales.
The popularity of co-branded cards is growing rapidly as increasing number of companies are realizing its benefits in improving their business prospects. Co-branded card programs have benefitted a large number of business enterprises in Singapore, Malaysia, Brazil and Europe.
With co-branded card programs, companies can print their logos and brand names on the co-branded cards that are designed in affiliation with popular credit card providers such as MasterCard. This will help companies to expand their customer base, as these credit card brands are very popular across the world. Companies can effectively generate awareness about their services and products among customers through co-branded debit cards.
Branded prepaid card programs and generic debit card programs can strengthen the prospect of customer loyalty by providing the companies with well-designed strategies such as frequent-buyer programs, cross-selling opportunities and rebates. This can increase the company's profit margin to a considerable extent.
Co-branded cards can be used by almost anyone, regardless of the personal financial status. Co-branded cards offer very lucrative bonuses to customers, which can be used while shopping. These cards offer excellent flexibility of using funds. Another major benefit of co-branded cards is that they function in the same way as branded prepaid cards. Thus, they allow customers to shop even when they run out of cash.
Co-branded card programs also provide the advantages of private label credit such as department store cards, without any credit processing cost. Besides, they allow the companies to save a considerable amount of money by enabling them to use automatic bank drafts for recurring payments.
EPay is a very efficient online payment gateway offering well-designed card programs. It also provides effective payroll programs for individual and business owners.
The popularity of co-branded cards is growing rapidly as increasing number of companies are realizing its benefits in improving their business prospects. Co-branded card programs have benefitted a large number of business enterprises in Singapore, Malaysia, Brazil and Europe.
With co-branded card programs, companies can print their logos and brand names on the co-branded cards that are designed in affiliation with popular credit card providers such as MasterCard. This will help companies to expand their customer base, as these credit card brands are very popular across the world. Companies can effectively generate awareness about their services and products among customers through co-branded debit cards.
Branded prepaid card programs and generic debit card programs can strengthen the prospect of customer loyalty by providing the companies with well-designed strategies such as frequent-buyer programs, cross-selling opportunities and rebates. This can increase the company's profit margin to a considerable extent.
Co-branded cards can be used by almost anyone, regardless of the personal financial status. Co-branded cards offer very lucrative bonuses to customers, which can be used while shopping. These cards offer excellent flexibility of using funds. Another major benefit of co-branded cards is that they function in the same way as branded prepaid cards. Thus, they allow customers to shop even when they run out of cash.
Co-branded card programs also provide the advantages of private label credit such as department store cards, without any credit processing cost. Besides, they allow the companies to save a considerable amount of money by enabling them to use automatic bank drafts for recurring payments.
EPay is a very efficient online payment gateway offering well-designed card programs. It also provides effective payroll programs for individual and business owners.
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Co-branded debit card programs and generic debit card program can greatly benefit a company's sales value.
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