They say spending money is all about discipline and Co-op Pre-paid Card is just what any organization needs to easily plan, track and spend cash as intended.
Co-op Pre-pay Cards are preloaded pre-paid card that issued to corporates for the purpose of managing expenses like imprest, wages, bonuses, and petty cash.
The cards can be used to access cash and pay for goods and services worldwide. The corporate contracts the bank to facilitate the issuance of the cards to its co-opted cardholders and, thus, has the sole responsibility of funding the cards and issuing any instructions.
Key Features:
The cards can be credited through Co-op Bank branches, ATMs, Internet Banking or EFT. There is no charge attached to the swiping of the card to pay for goods and services at merchant points.
The cards bear the names of the cardholders as well as the sponsoring institution and are, thus, linked to the organization. What is more, all transactions are PIN authenticated. There are also free email statements and processing reports to the organization. The cards are also reloadable.
Benefits of Co-op Pre-paid Cards
The card makes it possible for the organization to monitor the account and reconciliation for the card accounts. The card comes with customer relationship management as well as call center support services.
The organization will enjoy centralized management of payments, no cash or cheque payments as well as operations management.
Benefits to Co-op Pre-paid Cardholders
For the cardholder, the card comes with an assurance of security for the funds and transactions, convenience, better budgeting, and planning tool, several transaction access points eg Co-op ATMs, Agents, Visa-branded ATMs, and merchants. The card comes with the ease to be used anywhere in the world.
Get more information about Co-op Pre-paid cards by clicking on this link.
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