Prepaid cards have become a vital financial product for consumers, as well as a valuable tool for corporations, governments and financial institutions to deliver electronic payments securely, cost effectively, with open accessibility.
Prepaid and Stored Value cards provide valuable financial instruments to millions of consumers that are underserved by current bank providers. By offering all of the payment functionality of credit and debit products without dependencies on traditional banking facilities and credit requirements, Prepaid products give consumers cost effective and accessible financial services. With all of the function of credit/debit cards, but without the red-tape, Prepaid cards have introduced a wide variety of convenient, cost effective and secure Payment products to the market.
Significant efficiencies and cost savings are available for institutions utilizing cards for a wide variety of corporate, government and consumer applications. Organizations worldwide are recognizing the advantage of Prepaid products that can be configured to meet business needs, providing a cost effective solution to disburse funds, offer user-friendly services, and eliminate costly paper and cheque-based payments.
Carta’s platform and value added services enable clients to tap into this growing market and deliver innovative, market leading solutions for Industry Verticals including:
- Employee Incentives
- Corporate Expenses and Purchasing
- Government Payments
- Financial Services
Prepaid is The Optimal Vehicle to Enable Mobile Payments and NFC
Acting as a dedicated spend account, secure and separate from other bank and credit information, integrated Prepaid payment products facilitate early adoption of NFC payments, by providing expedient and safe micro-payments. Carta Prepaid solutions offer broad functionality to deliver mobile payment applications that are accessible to all consumers and interoperable across the mobile ecosystem.
As a payment processor and technology partner, Carta is dedicated to delivering the best in class service for clients Prepaid products. To learn more click here.