Why FX Providers Should Consider White Label Prepaid Cards as a Payout Solution

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White label prepaid card solution is specifically designed to meet the needs of clients who want to launch their own unique branded prepaid card program. Nowadays with White Label Prepaid Card Solution, there is no need to have prior experience running a prepaid card program—daily, routine management is included in a White Label plan.

The advantages of a White Label Payout Solution are becoming popular, particularly in the FX market. With the White Label plan, FX providers can give clients competitive exchange rates, faster access to profits, and additional branding. The providers themselves benefit from better exchange rates, and instant access to gains without the hassle of account payout technicalities. This enables them to concentrate on trading and making a profit instead of worrying about clerical details.

What Are the Benefits?

Brand Loyalty

Each White label prepaid card has its own unique ID encryption, allowing you to track the spending of cardholders. This data is useful in creating and managing company reward programmes, which can help build brand loyalty.

Brand Awareness

White Label Prepaid cards can be fully customised in various ways to give them the look and feel associating with your company or brand. Whenever a customer uses your branded card, it helps to improve recognition and awareness of your brand.

Card Data

Programme owners is able to access to individual cardholder data so that they can track spending, analyse spending by merchant class, and identify cardholder trends. You can use the data for marketing purposes, sales strategies, customer service improvement, and more.

Easy Integration

The White label full-service API provides a wide range of powerful integration options. You can seamlessly incorporate our cardholder services into your existing system.

Tailored Fee Profile

Card programme’s fees can be tailored to fit your needs. You can now customise cardholder user fees, and also organise distribution of revenue made on these fees among the programme owners.

Time to Market

After the card issuer has granted approval, it takes 3 to 4 months in average to bring a fully customised White Label Prepaid Card to market.

The White Label Prepaid Card programme is designed for clients with large revenue streams, who want a prepaid card solution with fully customisable features, including flexible cardholder pricing, full branding, and fee disbursement options. Approval is required in advance of launching by the issuer of the White Label Prepaid Card Programme and VISA.

To learn more details about how a White Label Prepaid Card Programme can work as a payout solution for FX providers, please visit www.transact24.com.

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