Prepaid Debit Card
OXFORD Prepaid Debit Card Offers:
- Convenient and safe ways to carry cash
- Increased spending power
- Significant cost savings
- International money transfers and access to cash worldwide
- Online shopping
- Superior customer service
Prepaid Debit Card
Overview
Prepaid Debit Card products represent the biggest untapped market for numerous business categories, such as: consumers, merchants, employers, government and insurance. OXFORD takes advantage of its leading position in the Canadian prepaid market by providing prepaid cash card programs to customers and its affiliated distributors in a wide range of business sectors, such as: travel, payroll, insurance, tax services, service providers & manufacturing .
This new form of funding, financing and payment solution has the capacity for rapid domestic and international demand. OXFORD is prepared to face this demand by implementing strategic and effective control mechanisms to offer a customer service that is second to none. There are multitudes of practical and effective uses of the prepaid card service that OXFORD has to offer .
Debit Card Usages
OXFORD offers the multi-use prepaid debit card and is available with private labels, such as membership cards, or as a private generic debit card and act as a powerful and flexible payment processing system other usages for card include: payroll services, corporate administration/business manager, gift card, travel card and family card.
PAYROLL Cards
Employer Benefits :
- Eliminate expensive cheques production and distribution
- Eliminate stop payments and lost cheques
- Put your logo on your prepaid debit and extend your company's visibility
- Distribute funds regardless of location
- Get tracking of all card activity
- Easy to administer
Employee Benefits :
- Employees do not need a bank account
- Interac, Cirrus and Maestro worldwide network compliant
- Instant access to paycheck anywhere in the world
GIFT Cards
- Gift cards are the new and more appreciated way to give in the gift certificate industry
- We foresee the distribution of one million gift cards within the next 18 months
- Gift card can be programmed to limit usage to one or group of merchants
- Wonderful branding opportunity for any business
- Extremely convenient as gift to children
- Easy for business to control and promote loyalty programs
TRAVEL Cards
- Access 24/7/365
- Rechargeable cards from any computer and specified addresses
- Eliminates travelers cheques
- Several cards can be made available from same account. Ideal of family vacations
- Direct access to account via telephone or internet
- Superior customer service
- Money can be loaded by family members back home or employer
- Worry free - cards cannot be accessed without your PIN or password
CORPORATE Cards
- Brand your business
- Load and access money efficiently anywhere anytime
- Pay out commissions and clients instantly
- Get powerful tracking of all card activities
- Distribute funds regardless of locations. Manage expense accounts accurately
- Enhance client services. Create a direct link between your enterprise and cardholders
- Independent payment solutions, no need for intermediaries
- Employees benefit from immediate access to cash
- Save time and money by eliminating administration
- All advantages of a regular debit card
FAMILY Cards
- Parents are informed and in control
- OXFORD gives the family the power to deposit funds, control and track spending
- Great tool used to teach money management skills
- Benefit from security, flexibility and independence
- The OXFORD card is safer than carrying cash. If the card is lost the money isn’t
- Parents have peace of mind knowing that funds can be accessible 24/7/365
- The child can use the card but under the parents supervision
Specifications and Features
- There are multitudes of features and effective uses of the prepaid card solutions that OXFORD is offering:
- Secure, powerful, flexible and provides all the control that you need without Big Bank inconveniences
- Complies with all security features of Canadian banking system
- Access to funds globally in seconds
- Track all card activity by web, phone or live customer service support
- Use at any ATM or retailer anywhere that you see Interac, Cirrus, Maestro
- Instant access 24/7/365
- Confidential, not related to a personal bank account
- Cards could be issued with a private label for corporate logo and as a banking and membership system for private organizations
- ATM cash withdrawal up to $500 Cdn. per transaction; $5000 Cdn. per day maximum
- Virtual statement accessible with personalized PIN and password
Loading features
- No loading limit
- Could be loaded from several points of sale (POS) and networks in the USA and CDN
- Could be loaded directly via Internet, using credit card (Visa, MC, Amex), card to card or from bank account
- Could be loaded by phone
- May load card 24/7/365
