
Prepaid is new and exciting
market that now provides consumers everywhere with a new pay-as–you-go
solution and retailers with new sales and profit opportunities.
Individuals without credit and those desirous of an alternative payment
solution are consequently turning to “Prepaid”. This large and growing
segment of the US population consists of individuals who may be
described as “credit challenged” or “un banked”, OR may reflect the
needs of Foreign Travelers, Business travelers, College Students. The
result is that millions of Americans pay for all of their services in
cash.
This group, however, is in need of the same goods and services as those
people under annual or multi-year contracts.
Along with being
able to offer a prepaid wireless solution and long distance card sales
to your customers, offer prepaid MasterCard and Bill Payment
services.
A Prepaid
MasterCard works exactly the same as a traditional MasterCard,
except that instead of accessing a credit line, it accesses a prepaid
funds balance. You can sell a genuine MasterCard designed to be loaded
at your location.
Bill Payment
is a new revenue source which provides customers a needed service. By
offering your customer a secure location for them to pay their bills,
you attract new customers and keep them coming back!
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