Corporate Cards


Corporate Incentive

The Corporate Incentive card provides businesses a solution to reward, motivate, recognize achievement and show appreciation to employees, affiliates, resellers, vendors and contractors. Loaded by a company using a predetermined amount, the Corporate Incentive card can be issued as a traditional plastic card (for POS and ATM use) or as a virtual card (for ecommerce use only). 

Benefits to Corporations:

  • Motivate, recognize and reward valuable employees, vendors, and contractors
  • Increase employee satisfaction
  • Consumer promotion tool
  • Efficiently issue bonuses or commissions

 

Payroll

An innovative alternative to cash, a payroll card enables companies to disburse salaries and wages to their full-time, part-time, seasonal and contract employees. This card provides un-banked employees immediate access to their pay, circumventing high fee-based outlets and money transfer services - all of which carry excessive fees and are inconvenient. The payroll card offers significant benefits for the employer:

Benefits to Employer:

  • Save time and money cutting checks
  • Reduce time spent reconciling payroll disbursement
  • Reduce bank processing and wiring fees
  • Receive detailed management reports
  • Provide convenience and security for employees


Government Benefits

The government benefits card is used to simplify the distribution process of government disbursements or compensation to the reitred employees while saving time and money.

Benefits to Government:

  • Speed, cost and oversight
  • Security
  • Regular use of funds for a designated purpose
  • Complete online account management

Benefits to Recipients:

  • Immediate access to funds
  • No waiting in line
  • No check cashing fees
  • Complete online account management

Gift

A gift card holds a pre-determined value loaded upon purchase by the merchant. These cards offer the benefits of conventional gift certificates but with the convenience of a debit card. Branded with either Visa or Mastercard, these provide an ideal and flexible way of giving a gift. Gift cards are traditionally issued on plastic cards, but are now also widely issued in virtual form for ecommerce.

Benefits to Gift Cardholder:

  • Gives cardholder freedom to use at their leisure
  • Does not limit recipient to specific retailer
  • Safer than cash
  • Replaced if lost or stolen
  • Eliminates unwanted or returned gifts

Benefits to Merchant:

  • Branding potential
  • Create a new distribution channel
  • Convenience/Speed of transaction
  • Secure


Travel

A Travel Card is a secure, convenient and hassle free way to carry money and make payments when on foreign shores. The cardholder does not need to convert funds into the local currency, and the card can be reloaded using funds from a linked bank account or from credit/debit cards.

Benefits to Cardholder:

  • Avoid waiting in long lines to exchange currency
  • Safer than carrying cash while travelling
  • Ability to reload on the phone, online or at a retailer


Private Label

Private label cards are cards branded for a specific retailer, independent dealer or manufacturer. As a convenient way to offer consumers another way to shop with them, a Private Label card also increases sales and brand awareness with a custom card design. Businesses can also create stronger brand affinity and maximize loyalty.

 

Benefits to Businesses:
  • Builds loyalty and brand recognition
  • Maximizes cardholder relationships
  • Achieves a high level of data quality
  • Offers innovative payment solutions and technology

 

Corporate Expense

Companies provide designated staff with a personalized commercial prepaid card that is activated and distributed by the Company. The company loads funds to card accounts as needed via standard ACH. CloudWell provides a web interface to manage accounts and provide back office accounting easy to integrate into a company's corporate accounting system.

Benefits for Corporations:

  • Simplifies traditional payment processes
  • Consolidates billing to a central account
  • Facilitates payment disbursements faster
  • Group and analyze spending data