Monday 30 April 2018

Are Co-Branded Prepaid Credit Cards Useful For My Business?

By Claudia Riegner


Instead of having to carry bulks of cash, nowadays it is more convenient to use credit cards. Credit cards can be used anywhere and everywhere. They are safer to carry and you will not have to worry about keeping track of how much money you had, and how much you spent.

What Are Co-Branded Credit Cards? Co-Branded credit cards are cards used when two business merge as one. In simple words, these credit cards contain two or more company logos on them. The merging of two or more companies is known as c-branding.

The credit cards come in to being when two or more companies decide to work together. This also provides benefits to their employees as well. Since companies use their card in different ways, such as buying merchandise or selling goods and employees can also use their salary when needed through the prepaid card program.

Is The Co-Branded Credit Card Beneficial? Owning co-branded credit cards can be beneficial for you and your company in some ways. This includes making purchases easier for your customers. You employees will be able to use their salaries as they wish to, transactions can become faster and more efficient as well.

Your employees will have access to their money and it will be easier for you to transfer their salaries within minutes no matter what your location may be.

World-Wide Acceptance You can rest assure that the co-branded credit cards are accepted worldwide. Since you and your company are now co-branded with MasterCard, one of the many benefits you get from this is that you can now make transactions of any amount irrespective of day or night. Your employees or the holder of the credit card will be able to use the card whenever they like and wherever they like.

Are The Cards Accepted World-Wide? Co-branded credit cards mean the merging of two or more companies, companies such as MasterCard. MasterCard is accepted worldwide in almost every country. Cards which are merged with Visa are also accepted internationally in various countries.

The cards used by Co-branded companies have two or more logos; one of the company, and the other would be the logo of Visa. MasterCard and Visa are also legal, which means the usage of the cards is legal, making them legit.

Co-Branded Credit Cards Are Legit? Many people are concerned when it comes to being legal, stay assure that co-branded credit cards are legal. Your own company which is obviously legal will be merged with companies like MasterCard or Visa which are also legal brands. In other words they are completely legal.

Co-branded credit cards are very beneficial for your company. Their collaboration with MasterCard or Visa allows them to be used internationally through their special prepaid card program.




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