The selling and purchasing of goods and services has remained one of the most ancient activities throughout history. This practice started from the barter system and then gradually evolved to well organized methods that we use today. During this entire process of evolution, a major invention was made that changed the game of commerce. This invention was that of money - the ultimate medium of all transactions.
Usually, people are aware of debit and MasterCard credit cards only as the sole medium of carrying plastic money along with them. However, there is one more type of card that allows customers to use the money that have saved in their bank accounts, whenever they want. This is a prepaid card that comes under co-branded card programs.
Most people usually believe that debit cards or MasterCard credit cards are the only options through which customers can instantly access and avail the money that is saved in their bank accounts.
Many people think that banks are the only authority that can issue the customers with a prepaid card. However, a co-branded card is one that can be issued by any company, which is affiliated with the bank, where its customers have an account. These cards are co-branded with providers of Visa or MasterCard credit cards.
A co-branded card has several logos on it that belong to all those companies that are involved in this joint venture. These include the primary company that has issued the card, the co-branded card program such as Visa or MasterCard credit card, and the bank where the customer holds an account.
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 Additional Fees - Usually, such programs do not charge any service fees or maintenance charges.
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!
Usually, people are aware of debit and MasterCard credit cards only as the sole medium of carrying plastic money along with them. However, there is one more type of card that allows customers to use the money that have saved in their bank accounts, whenever they want. This is a prepaid card that comes under co-branded card programs.
Most people usually believe that debit cards or MasterCard credit cards are the only options through which customers can instantly access and avail the money that is saved in their bank accounts.
Many people think that banks are the only authority that can issue the customers with a prepaid card. However, a co-branded card is one that can be issued by any company, which is affiliated with the bank, where its customers have an account. These cards are co-branded with providers of Visa or MasterCard credit cards.
A co-branded card has several logos on it that belong to all those companies that are involved in this joint venture. These include the primary company that has issued the card, the co-branded card program such as Visa or MasterCard credit card, and the bank where the customer holds an account.
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 Additional Fees - Usually, such programs do not charge any service fees or maintenance charges.
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 benefits for pursuing co-branded card programs. Choose a VISA or MasterCard credit card program to avail them.. This article, Essential Features And Facts About Co-Branded Cards. is released under a creative commons attribution license.
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