Prepaid Ventures is a prepaid debit card provider founded in 2007 that has grown significantly over time. It offers fully customizable and integrated prepaid card programs to businesses to provide their customers with alternatives to checks. Its offerings include access to cash, lower fees than other providers, and an easy-to-use mobile app. Prepaid cards allow businesses to incentivize customer behavior and optimize spending while providing efficient payment solutions.
3. TIMELINEOUR CHRONICLES
2007 2009 2012 2014 PRESENT
Prepaid Ventures is
founded, based out of
New York City. Striving to
help businesses across the
country, the NexisCard
Prepaid Debit Card
program is born.
With a strong product
offering and unrivaled
consultative services,
Financial Service Centers
start embracing the change
in the industry and offer
their customers more
services than ever with
NexisCard. Prepaid
Ventures grows and
relocates to Long Island,
New York.
NexisCard is one of the
largest national prepaid
debit card providers in
the country as more
Agents sign up to distribute
NexisCard to their
customers. Unmatched
services and benefits keep
customers returning to our
Agents for their banking
needs. Agents enjoy more
commission and customer
traffic. NexisCard.com is
relaunched.
Prepaid Ventures
continues to grow.
Moving to a larger office,
Prepaid Ventures expands
and moves our exceptional
customer support network
completely in-house.
Investments in technology
lead to developing
stronger, complex and
more integrated
programming. Stronger
focus on User Experience .
The NexisCard Mobile App
for Android is launched.
Our investments in
technology allow Prepaid
Ventures to offer more
than ever. Now with a
backend platform that is
fully customizable, an
experienced team of
customer support
representatives,
consultants and in-house
first-party program
managing capability,
Prepaid Ventures is ready
to help you reach your
goals.
4. OUR OFFERINGWHAT WE CAN DO FOR YOU
Give your customers the power of VISA.
The LKQ Card can be used at any of the
10 million merchants that accept Visa
Debit across the United States
Instead of dealing with checks, give
your customers access to cash.
Load funds, move money, and free
access options to cash.
We have the ability to offer a fully
customized pricing structure, so you
don’t have charge your customers for
certain transactions. Give your
customers a card they will actually value.
Prepaid cards don’t need to be
complicated. We’ve developed our
integrated technologies to be easy ,
intuitive and faster than ever. We’ll also
provide complimentary training and
follow-up.
USE ANYWHERE ACCESS TO CASH LOWER FEES EASE OF USE
5. INCENTIVI
ZE
CUSTOMIZE
OPTIMIZECREATE
WHY IT WORKSPREPAID VENTURES SOLUTIONS
• Create an efficient
and low-cost way to
for customers to have
access to cash.
• Eliminate open
accounts.
• No more checks that
customers don’t cash.
• Our technologies are
robust. Get fully
customized
reporting for all
transactions in real
time.
• Funds will be
instantly available to
your customers.
• Make the customer
experience faster and
more enjoyable.
6. WHY IT’SBETTERPREPAID VENTURES SOLUTIONS
• Full integration for easy card verification
• More efficient than printing checks
• Customers will have an LKQ account
• LKQ Card will create stickiness with
customers
• Cards can be used for purchases at LKQ
stores
• Loyalty, Discounts & Rewards
programs
• Savings for customers when cashing
checks at a currency exchange or check
casher (1.5% - 2%)
• Low capital investment
• Fully compliant with regulations
7. INDUSTRY TRENDSAND HOW THEY AFFECT YOU
Prepaid debit continues to be the fastest growing financial product.
For the first time, open-loop program growth surpassed closed-loop programs in
2014.
8. BREAK FREEFROM THE ATM
SAVE MORE
EVERYDAYATM’s can cost $1,000 or more a month to maintain.
There are better options for you and your customers.
•Purchasing additional ATM’s for your customers
•Installing more phone lines
•Monthly Expenses from ATM Vendors
•Company money tied up in ATM’s
•Potential ATM Fraud
•Closed-loop ATM Card program costs (bulk plastic,
housing, fulfillment, transaction fees).
•High insurance costs, 3rd
party contracts and delivery
price increases
AVOID THE HASSLE
9. PROPOSED PRICING
STRUCTURE
BREAKDOWN OF FEES
Withdraw through Visa Ready Link FREE
Signature/Credit Transaction FREE
Direct Deposit FREE
Tax Refunds FREE
Mobile App & Text Alerts FREE
PIN/Debit Transaction $2
ATM Withdrawal / Decline $2 / $.50
Bill Pay $ 2
Card to Card Transfer $2
Cardholder Issued Check $2
Inactivity Fee (after 60 days) $2.95
Personalized Card $2.95
Lost Card $2.95
TRANSACTION
COST TO
CUSTOMER
Card Issuance $1.50/card
Reload Funds $.25
Monthly Account Fee $.50/active card*
TRANSACTION LKQ COST