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Partnering with Prepaid Technologies Payments Technology for Banks
Partnering with Prepaid Technologies
Payments Technology for Banks
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Prepaid Opportunity for Commercial Customers
Pain Points of Paper Payments• Checks are cumbersome and costly• Burden of replacing lost and stolen
checks• Check cashing crowds overwhelm
branch lobbies• Inability to track, transfer and load
funds from any device
Advantage of Electronic Payments• 100% paperless prepaid electronic payments• No more check fraud• Stabilize branch traffic• Access to electronic solutions
• Payroll cards• Corporate purchasing• Rewards and incentives• Gift cards• Custom solutions
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The Value ofPrepaid to Banks
FACT: Prepaid is the fasting growing financial tool for consumers and businesses.1
1 2013 Federal Reserve Payments Study
• Prepaid is the most flexible payment solution available
• Visa MasterCard are driving growth across more than 25 market segments. 2
2 13th Annual U.S. Open-loop Prepaid Cards Market Forecasts, 2016-2019
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The Leader in Prepaid
Built by Bankers• No other provider understands bank
needs and operations.
• Experience with more than 70 financial institutions.
• Serving banks nationwide for nearly 20 years.
• A proven reliable partner offering nimble and creative solutions.
PREPAID TECHNOLOGIES
• An expert senior team serves as an extension of your resources.
• 100% U.S.-based customer service for all clients and cardholders.
• We plug the gaps in your payments portfolio without having to become an expert in prepaid.
• The only provider that manages all the systems, processes, technology and regulatory details.
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Our PartnersThe world’s largest provider of banking and payments technology
The world’s most recognized card brands
CenterState Bank, NA: $4.6 billion asset bank concentrated in the Southeast
The only patented on-demand card production provider
Our surcharge-free network of 55,000 ATM
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None of the risk. All of the reward.
Why Outsource Prepaid?• Reduce risk• Modernize commercial payments• Streamline operations• Eliminate expensive in-house product
development with outsourcing• No cost to implement• End-to-end compliance management• Turnkey training, marketing, onboarding
In-Source the Value• Accelerate revenues
• Turnkey integration gets you to market in less than 30 days.
• Access new markets that can’t be served with debit and credit
• Retain and grow commercial accounts
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Adding Prepaid to the Portfolio:Done right, it’s easy
Full-Service Program: We are your advisor, partner, sales support and solution provider.
Turnkey Operations:Simple, fast integrationinto your systems.
Responsive andFlexible: Timelyresponse from seniormanagement,programs adapted toeach client’s needs.
Full Suite of PaymentsProducts: Includingcustom and whitelabel options.
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How We Work With Banks
We Get Them to Market With Prepaid• Select Products• Custom Materials• Training• Go-to-market playbook• Set Goals; Develop Marketing Plan• Launch• Revenue Share
Your Bank Refers Customers• Call, email us or refer online• We handle all the rest
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GrowingBusinessDemand forPrepaid
Payroll • The most effective tool to move your commercial customers
to 100% electronic payment.
Custom and Retail Solutions• A flexible way to use electronic payments for all your
business needs.
Corporate Purchasing Cards• Great alternative for business expenses, vendor payments,
petty cash, travel per-diem, or to extend credit to contract workers.
Corporate Reward & Incentive• The go-to solution for sales and service incentives.
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Card Programs for [bank prospect name]
Treasury Management• Payroll Cards• Corporate Purchasing
Cards• Corporate Reward,
Rebate & Incentive Cards
Retail• General Purpose
Reloadable Cards• Gift Cards• Student Cards
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The Perfect Partner to Direct Deposit
Payroll cards + direct deposit help bank customers reduce costs and achieve 100% electronic payroll• Drive loyalty and retention among your
commercial customers• Your customers can integrate directly into your
existing direct deposit platform• Easy to implement: No software or hardware
to install.• Turnkey: Customer set up, training, onboarding
and customer service are all handled by Prepaid Technologies
PAYROLL CARDS
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The Perfect Partner to Direct Deposit
Commercial Businesses save time, money and reach more employees with payroll cards• Move your staff to 100% electronic payroll• All employees and 1099 contractors qualify• Electronic paystubs and W2s eliminate all paper• 24/7 cardholder customer service• Customizable marketing and training materials
and instant issue are available
PAYROLL CARDS
Automatic, electronic, secure payments
Save time and money
Eliminate cash disbursements
No more checkcashing
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Case Study: Payroll Cards Simplify and SaveThe Challenge:
Employers need to reduce payroll costs and fraud and streamline reporting.
Employees demand alternative solutions to check-cashing, especially the unbanked.
The Solution:Offering prepaid payroll cards let businesses and employees alike eliminate expensive, fraud-prone paper paychecks and saves everyone time and money.
The Results:Employers achieve 100% electronic payments, seamlessly make off-cycle payments, reduce fraud and lost checks and streamline payroll for geographically disbursed teams.
Employee satisfaction goes up due to the convenience, cost savings and security of payroll cards.
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Dynamic prepaid corporate purchasing solutions for any size business• Provides commercial customers creative alternatives
to traditional credit purchasing
• Leading market technology to support your clients expense management remotely
Replace manual checkreimbursements
Automate and streamlineexpense payments
Better tracking and reportingof spending trends
Eliminate petty cash
CorporatePurchasing
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inCard
Web-based expense management• inCard allows any business with employees or
contractors to control and monitor all of their expenses on behalf of the company in real-time
• Prearranged recurring stipends simplify monthly account management and funding
Mobile App• Manage expenses from anywhere
Reloadable Visa prepaid debit cards• Transactions post real-time for program monitoring• Setup is simple and program is cost effective
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Case Study: A Stage for PurchasingThe Challenge:
A major national event company that manages large-scale festivals and concerts was struggling to allocate funds to event staff made up of 1099 contractors or day laborers.
The Solution:Prepaid Technologies implemented the inCard that enables secure, real-time money management and online oversight from a desktop or mobile device.
The Results:The company obtained unprecedented visibility and control over their event-day expenses.
Today, they save money, reduce risk and run events more efficiently because expense management is no longer on the event-day to-do list.
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Corporate Reward, Rebate and Incentive Cards
Offer reward and incentive cards to any size business • Helps businesses recruit, recognize and motivate
employees, and deepen customer loyalty• Offers dynamic solutions through single-load and
reloadable cards• Customizable cards provide in-wallet branding opportunities
and program message deliver• Helpful online ordering tool makes ordering incentive
cards easy
Build vendor relationships
Improve marketing campaign results
Attract customers Drive employee engagement
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Corporate Order Tool
Simplify gift giving and corporate programs
• Fully-automated system lets commercial customers manage orders, customize cards
• Desktop and mobile access – order cards from anywhere
• Commercial customers never make a grocery run again or clean out your in-branch card supply
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Case Study: Rethinking the RebateThe Challenge:
Zodiac Pools had six weeks to implement a lucrative national rebate program that needed to eliminate manual processes and paper rebate checks, and still be profitable.
The Solution:Prepaid technologies built, implemented, managed and deployed a custom, fully automated national consumer rebate and incentive promotion in six short weeks.
The Results:The program reduced costs by 30 percent, made it easy for consumers to submit online rebate requests, and streamlined the fulfillment process.
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Client Portal Makes Orders& Admin Easy
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Retail GPR & Gift
GPR• Great way to reach unbanked
through branch networks.
• An easy way for traditional checking account holders to create a bucket account for budgeting or planning.
• Great for students, sports teams, school groups, and volunteer organizations.
Retail Prepaid & Gift• Single-load prepaid cards sold
in bank branches are ideal for customer appreciation or employee recognition and rewards.
• Gift cards are perfect for holidays, birthdays, graduations, anniversaries.
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Template slide for sample revenue sharing scenarios.
Revenue Sharing
