Program Description
The MCC Cash Card offers optimum flexibility, allowing the issuer to customize its stored-value program. Cash cards are available as general-use disposable cards or as reloadable cards that allow access at ATM and POS terminals.

Cash cards include pre-paid cash cards, refund cards for purchase returns, promotional cash reward cards, campus cards, cash cards for messengers or temporary help who need occasional access to funds.

Target Market
Entities that issue cash allowances, refunds, or promotions to employees or customers on a one-time or re-occurring basis can offer a cash card rather than cash or checks.

Wealth management entities also can offer a cash card as an alternative to issuing dividend checks to shareholders.

Another market is financial institutions, which can issue cash cards to customers as rewards for Internet banking use, bill payer use, and other promotional items.

Cardholder benefits include anytime/anywhere use - no need to cash a check or wait for an ACH, etc.

Features

Disposable or reloadable

Branded with Visa® or MasterCard® logo

ATM and POS terminal access

Optional expiration date

Custom card design available

Instant issue available for non-branded ATM card only

Card carrier with PIN number available

Value added through Internet, VRU, or batch transmission

Activity and balance information available through Internet or VRU

Consumer Benefits

Easier to carry and present than checks or cash

Convenient way to obtain cash at ATMs

Alternative to traveler's checks, money orders, and cashier's checks

Safer than carrying cash

Issuer Benefits

Additional revenue opportunities

Card fees

Transaction fees

Expired funds

Strengthen existing customer relationships

Product can solidify other business processing relationships

Turnkey program setup and management