Polymath Consulting Private Label Cards - Polymath Consultancy

More documents

Recommendations

Info

What is a Private Label Program? • Private Label cards at their simplest are Visa/MasterCard’s that do not have a badge on the front • They still require the same industry structure e.g. BIN sponsor etc • They still require the same security of processing – so certified etc • A Private Label Program enables proprietary, merchant- branded transactions, typically processed in closed-loop environments, to be processed through the scheme networks. • The main benefits of a private label product are: • Utilises existing POS systems and infrastructure • Significantly reducing investment cost compared to point-to-point solutions • Ensure faster program implementations • High end-to-end reliability tested to handle large transaction volumes • Programs can be often more easily expanded into new countries or to include new merchants as their are less technology implications • Can be offered as both prepaid and charge/credit products • Value added services like fraud management, loyalty point processing, program performance reporting and analysis can be added. This modular approach ensures an organisation can build their program to meet customer expectations as they are identified reducing redundant functionalities. 2 Polymath Consulting
What is the Potential • Polymath Consulting believe there is a VERY strong potential for private label programmes that has yet to be fully realised outside of North America • In Europe there are current four companies live managing programmes we have identified (if you are live with one and not below please contact us): 1. Prepay Technologies - MasterCard 2. Store Financial - MasterCard 3. Flex-e-vouchers – Mastercard 4. Sodexo – Visa • In the Middle East there there is one programme live: • Ahli United Bank in Kuwait – MasterCard • A full analysis and case studies are provided at the end of this analysis 3 Polymath Consulting
Page 1: Polymath Consulting Private Label C
Page 5 and 6: Overview of Private Label Card Requ
Page 7 and 8: Prepay Technologies • First Hybri
Page 9 and 10: Prepay Technologies • Other progr
Page 11 and 12: Store Financial Client • Horticul
Page 13 and 14: Sodexo • The Azure card was launc
Page 15 and 16: Al Ahli Bank • Ahli United Bank (
Page 17: David Parker davidparker@polymathco

Polymath Consulting Private Label Cards - Polymath Consultancy

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?