These days, many companies are using co-branded debit card programs as a marketing tool. An attractive benefit of co-branded cards is they provide huge benefits to both companies as well as its customers. The companies can execute co-branded card programs to retain existing customers and also to attract new customers.
Companies can implement co-branded card programs by striking out a partnership with a bank and credit card companies such as Visa and MasterCard. Companies can have their name and logo printed on co-branded cards once they become a part of co-branded debit card programs. This in turn plays a heavy role in enhancing the brand image of the company in today's competitive corporate world.
Since these cards bears logo of reputed brands like Visa or MasterCard they are accepted in about 25 million locations world-wide. This way, co-branded debit cards help the companies get international exposure, which in turn allows the companies to reach out to new customers. Thus, co-branded debit card can play a pivotal role in strengthening the customer-base.
Business organizations can also use co-branded debit card programs to offer discounts and special schemes to customers. These cards and also for be used for cross- selling and providing rebates. This feature helps in building customer's loyalty towards your business. Besides co-branded debit cards also aid in increasing the company's brand recall value.
Customers can also pay their shopping bill using these cards. Your customers can continue shopping even if they run out of cash through these cards.
Issuing of co-branded cards is also very inexpensive as compared to traditional debit cards. Unlike traditional debit cards, these cards are issued in less time. Thus, because of these intrinsic features they are very efficient financial tool.
Several business organizations including MLM companies, trade organizations, insurance firms and financial institutions can get great benefits from co-branded card programs. These Generic Debit card programs and branded prepaid card programs have been successfully implemented in companies based in different places such as Asia, Middle East, Europe and America.
Companies can implement co-branded card programs by striking out a partnership with a bank and credit card companies such as Visa and MasterCard. Companies can have their name and logo printed on co-branded cards once they become a part of co-branded debit card programs. This in turn plays a heavy role in enhancing the brand image of the company in today's competitive corporate world.
Since these cards bears logo of reputed brands like Visa or MasterCard they are accepted in about 25 million locations world-wide. This way, co-branded debit cards help the companies get international exposure, which in turn allows the companies to reach out to new customers. Thus, co-branded debit card can play a pivotal role in strengthening the customer-base.
Business organizations can also use co-branded debit card programs to offer discounts and special schemes to customers. These cards and also for be used for cross- selling and providing rebates. This feature helps in building customer's loyalty towards your business. Besides co-branded debit cards also aid in increasing the company's brand recall value.
Customers can also pay their shopping bill using these cards. Your customers can continue shopping even if they run out of cash through these cards.
Issuing of co-branded cards is also very inexpensive as compared to traditional debit cards. Unlike traditional debit cards, these cards are issued in less time. Thus, because of these intrinsic features they are very efficient financial tool.
Several business organizations including MLM companies, trade organizations, insurance firms and financial institutions can get great benefits from co-branded card programs. These Generic Debit card programs and branded prepaid card programs have been successfully implemented in companies based in different places such as Asia, Middle East, Europe and America.
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Co-branded cards, which function in the same way as prepaid cards or virtual cards, can be very profitable for small companies.
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