Prepaid Program is a consulting firm that can teach you to launch your prepaid, debit, or payments concept and get you to revenue faster. There are good service providers in the prepaid industry. They help you get started faster with your business.
The tech and hep companies on how to use their financial products to grow their business. They also work with Fin-Techs and Entrepreneurs, who have the idea of payment but may not know where to start.
In this company, you sketch out your ideas and they understand your idea and help you hone your value proposition. they also help you to determine the kind of structure to use. Their purpose is to drive down costs and increase transparency in the industry they serve.
A prepaid program is known as a prepaid debit or credit card program. A prepaid card program simplifies finances and creates a better way to control spending, especially for businesses that may need to make a variety of small purchases over the course of a month.
In a prepaid program, you own the BIN and you are able to enjoy all the upside. you will have your own contracts directly with the blanks, networks, processor, and card production facility.
Prepaid Program Managers
What are prepaid program managers? Prepaid Program manager is a person who owns a prepaid debit or credit card program. The prepaid card program manager is often responsible for working with the issuing bank and card network like Visa or Mastercard to create a debit card program for a company.
They may assist you with a variety of other tasks, like creating rewards strategies, fostering customer engagement, maintaining security, integrating technology, and building business relationships with banking networks.
How to Find a Program Manger
It is better to partner with a program manager who has a white label program you can use. When you find the right program manager, it will make your business or rather product launch much easier.
The company helps you to find a program manager who has the technology and banking relationships to support your needs. They help take a systematic approach to learning about your idea and turn it into a rock-solid package to present to these partners. This includes honing your value proposition, developing projections and a financial model, and fully documenting your program.
The company package this information and send it off to multiple Program Managers in order to create a competitive bidding situation for your program. This service starts at the program idea and ends with a signed contract with a Program Manager.
Program Launch Management
Once your program is launched, the bank will require you and your team to take AML compliance training. All of the compliance training out there today treats you and your employees like they are a teller sitting in New York City.
They developed prepaid-specific compliance training that will cover all of your bank requirements and it is specific to the circumstances your employees and contractors will face on a day-to-day basis. If you plan on being PCI compliant, we have your training covered there as well. This service will demand price. Click here to get the amount.
Prepaid Boot Camp
They offer a two-day intensive boot camp that teaches what you need to know to launch a program and helps you design your program.
At the end of the two-day program, you and your team will know how the payments ecosystem works and the levers you can pull to drive down costs and increase revenue for your product.
You will leave the boot camp with a honed value proposition, a financial model, documentation describing your program, and a list of next steps to launch a program.
How to Find the Right Issuing Bank and Processor of Program Managers
Searching for the right issuing bank and processing partner will be one of the key factors in the success or failure of your program. The Company will take a systematic approach to learn about your idea and turn it into a rock-solid package to present to these partners.
This includes honing your value proposition, developing projections and a financial model, and fully documenting your program. We package this information and send it off to multiple trusted partners in order to create a competitive bidding situation for your program. Click here to learn more from website.
Prepaid Program Management
Are you trying to launches a prepaid product, but you keep running into obstacles? Prepaid program management are services who help entrepreneurs and FinTech launch prepaid card program faster.
Their website is https://www.prepaidpm.com, and they base on Financial Services. Their specialties are Prepaid, Program Management, Visa, MasterCard, Payments, FinTech, Issuing Bank, Financial Models, Start Up, and Compliance Training.
The company was founded in 2017. you can visit their website to learn more about prepaid program management.