Friday 20 April 2018

All You Need To Know About Mastercard Co-Branded Cards

By Rachel Hudson


In today's competitive market, consumers have a slew of options to choose from, and if you want them to remain loyal to your business, you need to keep yourself within the public's eye.

If you are worried about going over budget and need a solution to limit the amount you spend in a month, you can use prepaid cards to store the exact amount of money you tend to spend that month. Do not confuse them with credit cards, as the money stored in them is yours. Moreover, just like credit cards they also offer the cardholder with the same convenience of making purchases.

In order to make credit transactions, you first need to purchase a prepaid credit card. Many banks, financial institutions, and even stores will provide you with the reloadable card according to your requirements. Cards with co-branded card programs are also available for purchase from MasterCard and Visa.

Thus, the card becomes functional wherever the particular card program is accepted. One such provider is MasterCard; it also offers its MasterCard co-branded card to businesses so that they can benefit from the promotional advantages of a co-branded card.

At a Retail Store Head out to a retail store and select the merchandise that you want to purchase. Keep this in mind that you will not be able to buy more than the money stored on the card. At the checkout counter, present your card to the cashier. Most retail stores have credit card machines with which they can swipe your card. Once the card is swiped, you will be asked to sign one copy of the receipt for the store, while you will keep the other one in your possession.

When You Visit a Gas Station In times of emergency, when your car almost runs out of fuel, that is when your prepaid card comes in handy. You can swipe the card or ask the gas station's attendant to help you make the transaction.

When You Visit an Online Store With so many businesses opening online retail stores, people can purchase goods and services sitting from anywhere in the world via prepaid credit cards, which has made shopping a breeze especially if they are linked with co-branded card programs.

For Utility Bills You can also use your prepaid credit card to pay your monthly utility bills with ease. You can pay the bills online or in person, the choice is yours! Simply enter your card number online or ask the attendant at the counter to swipe it with a credit card machine and the bills are paid.

Co-branding can be very advantageous for growing businesses if used in the right way. So opt for a MasterCard co-branded card today if you want to provide your customers with a prepaid payment solution that is simple and convenient.




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