What is the Prepaid Card?
It is a payment card that is pre-loaded with certain amount of money which allows the card holder to use it like a debit card.
The Prepaid Card can be used in face-to-face terminal settlement, online settlement, domestically and abroad.
Moreover, it can be used to withdraw cash from ATM machines.
Regarding the cash withdrawal from the ATM in Japan, many banks have support.
There is available in more than 50,000 ATM machines which is one-third of the total in Japan.
How it works?
1.) Merchants can design the prepaid card’s layout and logos.
2.) Merchants applies the prepaid card for its customers from the Card issuer.
Because of the card has merchant’s design, it also can work as a membership card.
3.) Merchants/customers can be loaded (top up) the money into the prepaid card by V/M/J credit cards or bank transfer.
4.) After the card is top-up, customers can use it to pay in the merchant’s shop.
It combines the feeling of both membership cards and payment cards.
5.) The prepaid card also can be used to other card transactions and to the ATM withdrawals.
Features and benefits of our Prepaid Card program.
1.) The currency is JPY. No exchange rate loss.
2.) Merchants can design their own card layout and logos. Co-branding with card issuing bank.
Thus, it can increase merchant’s brand awareness and reputation.
Customers are reminded of merchant’s company every time they use the card, even for other unrelated transactions.
3.) Reduce fraud and chargebacks.
4.) Card holders can check the card balance on internet with their own login ID.
5.) Cash withdrawals from the ATM domestically and abroad.