Every day, we come across several new terminologies that we haven't heard of or read before. One such new term that is becoming quite common as well as popular in the commerce world these days is of a co-branded card.
However, as people begin to realize the significance of money, the likelihood of monetary thefts and scams increased significantly. In order to combat this issue, technology was used to introduce a safer way to carry it. This resulted in the arrival of plastic money.
Today, there are several different types of payment cards that banks and other legit bodies issue. These include credit card, debit card, prepaid card and more. The one in which we are interested is the co-branded card.
However, in reality, there are other types of payment cards as well that render quick transaction services and thus, can be used as plastic money. A co-branded card is one of them.
The reason it is called a co-branded card is simply because it has several logos imprinted on it. These logos belong to all those organizations that are associated with it, which include the company, the prepaid card provider, and sometimes, even the bank. This card acts as a medium for all these organizations to advertise and promote their services and attract more customers.
Thus, although prepaid credit cards are used in the similar way as any other regular credit card, it doesn't lend an additional amount to the user.
No Transaction or Card Maintenance Fees - Using such cards has no surplus maintenance or transaction fees.
Minimum Services Charges - The services provided by these programs charge your customers extremely low costs or nothing at all.
No Maintenance Fees - Usage of co-branded cards will not bother your customers with additional maintenance or transaction fees. International Acceptable - A card that is linked to Visa or MasterCard credit card is acceptable all over the globe and therefore, can be used everywhere.
Acceptable Worldwide - if you opt for a co-branded card program such as MasterCard credit card, your customers will be able to use these transaction services all over the globe.
Co-branded cards can provide numerous benefits to your clients and can make their shopping experience worthwhile. Whether it's regular shopping or online, MasterCard credit card and Visa cards allow you to shop whatever you want with credit. So seek the many benefits of a co-branded card today to steer clear of debt!
However, as people begin to realize the significance of money, the likelihood of monetary thefts and scams increased significantly. In order to combat this issue, technology was used to introduce a safer way to carry it. This resulted in the arrival of plastic money.
Today, there are several different types of payment cards that banks and other legit bodies issue. These include credit card, debit card, prepaid card and more. The one in which we are interested is the co-branded card.
However, in reality, there are other types of payment cards as well that render quick transaction services and thus, can be used as plastic money. A co-branded card is one of them.
The reason it is called a co-branded card is simply because it has several logos imprinted on it. These logos belong to all those organizations that are associated with it, which include the company, the prepaid card provider, and sometimes, even the bank. This card acts as a medium for all these organizations to advertise and promote their services and attract more customers.
Thus, although prepaid credit cards are used in the similar way as any other regular credit card, it doesn't lend an additional amount to the user.
No Transaction or Card Maintenance Fees - Using such cards has no surplus maintenance or transaction fees.
Minimum Services Charges - The services provided by these programs charge your customers extremely low costs or nothing at all.
No Maintenance Fees - Usage of co-branded cards will not bother your customers with additional maintenance or transaction fees. International Acceptable - A card that is linked to Visa or MasterCard credit card is acceptable all over the globe and therefore, can be used everywhere.
Acceptable Worldwide - if you opt for a co-branded card program such as MasterCard credit card, your customers will be able to use these transaction services all over the globe.
Co-branded cards can provide numerous benefits to your clients and can make their shopping experience worthwhile. Whether it's regular shopping or online, MasterCard credit card and Visa cards allow you to shop whatever you want with credit. So seek the many benefits of a co-branded card today to steer clear of debt!
About the Author:
There are plenty of advantages for pursuing co-branded card programs. Pick a VISA or MasterCard credit card program to avail them.. This article, What Are The Basic Features Of Co-Branded Cards? has free reprint rights.
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