A Card for Everyone
More and more, consumers are turning their attention to prepaid cards as an alternative payment method to traditional products such as checking accounts and debit and credit cards. Prepaid cards give credit unions a way to connect with new or prospective members who may not have, qualify for, or even want the traditional banking products.
PSCU’s prepaid solutions cover the complete range of this increasingly popular payment method, from Student and Vacation cards to General Purchase reloadable mag strips and EMV prepaid cards.
- Flexible and feature-rich prepaid programs to suit your unique engagement strategies – general purpose, student, travel, relationship, payroll, gift and incentive
- Prepaid mobile app allows members to manage their prepaid card account 24/7/365 from the palm of their hand
- Issuer-based model lets credit unions keep the revenue
- Comprehensive reporting, including a branch inventory management tool
- Fast implementation process gets credit unions up and running in 90-120 days
Corporate Incentive Card
PSCU’s Corporate Incentive Cards are a one-size-fits-all solution that can not only help businesses keep employees and increase customer loyalty, but also increase profitability of a credit union’s Prepaid program. These cards offer more flexibility and convenience for members and a tremendous revenue generation, growth and loyalty building opportunity for credit unions – allowing for total control over the revenue model.
Gift Cards
With Prepaid Gift Cards from PSCU, your credit union controls the revenue model, plastics design and branding, card inventory and issuance. As the issuer, you set the fees for initial purchase price, inactivity (after 12 months), and replacement cards if lost or stolen and for corporate incentive gift cards, monthly maintenance fees.
Payroll Cards
The Payroll card offers the perfect alternative to cutting checks, which saves the employer money, and gives the unbanked employee access to a Visa-branded payment card that functions similarly to a Visa debit card.
Prepaid Card Management
Members with prepaid cards can manage their accounts 24/7 with PSCU’s Prepaid Card responsive website. They can maintain user profiles and cards; view card transactions and balances; manage funding accounts and card funds; manage alerts and initiate a transaction dispute.
Reloadable Prepaid Cards
Prepaid cards that can be replenished with spending power are one of the smartest ways for credit unions to attract new members and build lifelong relationships, especially among Millennials and the underbanked. PSCU offers three unique and flexible Reloadable Prepaid programs designed to meet a variety of needs – General Purchase Card, the Student Card and the Vacation Card.
