Prepaid cards are a great way to attract and service the underbanked community (which currently represents 106 million individuals in the US). These individuals do not have access, or choose not to use traditional banking methods. Rather they use alternate financial service providers to perform their daily financial transactions; and looks for businesses that can provide them security and convenience.

Increase your store traffic, while enjoying an ongoing revenue stream from prepaid issuance and reloads. For retailers looking to offer check cashing services, the prepaid debit card program is a great way to minimize cash handling concerns. BioPay, with it’s third-party partner, manages all the logistics and regulations involved with the card; leaving you free to focus on your business.

Consumer Experience

The Pay N Go reloadable MasterCard® card looks like a credit card and is widely accepted at millions of locations; enabling your customers to:

• Enjoy the convenience and status of a branded card
• Make catalog purchases
• Pay at gas stations, restaurants or retail stores

There is no credit check required at time of purchase, and these cards can be reloaded over and over again. Your customers enjoy the same security benefits as credit card customers, and cards can be replaced if lost or stolen. Because the card is powered by cash, your customers are in complete control of their spending.