The Many Uses of a White Label Debit Card

Sept. 22, 2010 - PRLog -- There is a singular, unique solution to many payment needs. It is a white label debit card. A white label debit card can be used for multiple purposes on every continent. A white label debit card can be used by the receiver of monies to take money from an ATM machine, make online purchases, or pay debts online. A white label debit card program can remove a lot of headaches for the user with its turn key interface solutions.

A White Label Debit Card

A white label card does not bear the name a major of credit card processing company. Although such a company will ultimately process the charging of such a card and process debits the card will bear a name chosen by the bulk purchaser of these cards. Debit cards can be given as employee bonuses, to pay salary and expenses of employees working in remote parts of the globe, and for many more purposes. Most commonly white label cards are bulk purchases in increments of 100. White label debit cards can be branded and sold individually by the buyer.

A White Label Card Program?

The program in this case is the software solution than interfaces between the company’s accounting system, the bank involved, the individual debit cards, etc. It is the turn key solution that commonly saves the company money, time, and headaches compared to other systems for disbursing monies for various reasons. When the buyer chooses to resell the cards the individual or corporation will use the turn key software to track balances and to recharge cards.

The Various Uses of a White Label Debit Card

There are a lot of ways to use a white label debit card. Common uses include travel and remittance card programs, insurance and pension payout programs, as vehicles for providing micro loans, or as part of running an offshore financial institution such as a credit union, financial company or bank. White label debit card programs can be used to pay salaries and to send money to distant employees to cover expenses. The same cards can be used to pay dividends, incentive bonuses, investment payouts, and even online poker rooms, casino sites, sports betting web sites, and the like. And, of course, a white label debit card can be used to buy groceries or gasoline, pay the telephone, cable, or electric bill, or use for purchases at a department store.

The point of this is that a white label, rebranded or co-branded debit card can be used for virtually any purpose. The cards can be purchased and used or resold having been “charged” before being sent or can require that the receiver enter a pin number or in another way register the card before it will be charged. Cards can be one time use or be rechargeable. Using the turn key software solutions that typically come with a white label debit card program any number of options are available.

There are white label debit card solutions to many payment and use requirements. They are available from a number of offshore banking jurisdictions and can very commonly be integrated with the asset privacy and protection features many offshore financial solutions.

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