Add Vital New Revenue
Often, developing the required extensions and
infrastructure developments - such as card issuing
and replacement, personalization, card loading
and management, risk management and customer
service - to accommodate stored value cards is
costly and time consuming. eFunds' Card in a Box
program provides an ideal solution that combines
outsourced stored value program management
and processing capabilities within a single,
turnkey solution.
By leveraging the debit card infrastructures in
place today, eFunds enables you to add a vital
new processing revenue stream.
Card in a Box Features
Card in a Box includes all prepaid program administration, including set-up, sponsorship, issuing, payment processing and reporting. Card
in a Box features a standard IVRU and Web site for cardholder self-service - eliminating the
need for staffing and training from the financial institution. The program also provides insight into
your activities with a variety of reports, including account creation, account activation, branch value
loads and daily/monthly balance summaries.
Additionally, customer service, exceptions and
dispute resolution are handled by eFunds. And with Card in a Box, no risk is passed on to you - all risk management functions are also
handled directly by us.
Card in a Box Program Benefits
- New Product Opportunities and Income Streams – Card in a Box gift cards offer an effective way to introduce new products and generate incremental revenue streams from existing customers looking for flexible monetary gift solutions. Looking to the future, you can also extend your range of prepaid solutions to attract hard-to-reach market niches, such as the unbanked, teens and corporate employers.
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- Cost Reduction – Invest in a complete gift card issuing, processing and management solution with no costly internal IT investment or training requirements. Our turnkey solution helps you fix and control your deployment costs.
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- Reduced Risk/Fraud - All risk functions, including dispute resolution and exceptions management, are handled by eFunds to help you reduce the risk of fraud losses.
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- Improved Customer Experience - Prepaid cards are in high demand from your customers. Providing a more complete range of card products to your customer base helps to strengthen customer loyalty, decrease attrition and improve end-to-end service.
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- Safer and More Convenient - Prepaid gift cards are safer and more convenient, and can be used wherever Visa® Debit card brands are accepted.
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