Payments & Disbursements
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Convert your recurring payment or disbursement programs to Springbok prepaid cards and save money, reduce administration time and increase operational efficiencies. These cards can be used anywhere MasterCard® or Visa® debit cards are accepted, making them as good as cash—and better than checks.
"At least 14% of checking account customers could save between $350 and $1,800 a year, or more, by switching to prepaid cards." - Aite Group
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ADVANTAGES
- Cut check issuance costs and administration.
- Eliminate the costs and administration associated with identifying and updating recipients' addresses.
- Reload the cards anytime online, via ACH or by customized data transfer.
- Customize the cards, card carriers, inserts, other collateral and Web sites to meet your company's needs.
- Manage your program easily with online reporting tools.
Common uses of Prepaid Disbursement Cards
- Insurance claim disbursements
- Government payments including child support, refunds and assistance programs
- Customer refunds
- Student funds disbursement
To learn more about prepaid disbursement cards from Springbok, please contact us.