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Know Your Customer (KYC) for Prepaid Cards

Prepaid cards are a popular method for handling money, but they're also subject to misuse. With growing regulations for these cards, Know Your Customer (KYC) and technological developments are critical to card issuers' safety and reputation. Regulations for Prepaid Cards As the world moves away from cash payments for the…

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Prepaid Payroll Cards for Business

Companies have several options for paying their employees, from writing checks to depositing salaries directly into bank accounts. Another option is to issue payroll debit cards to each employee and pay them through the cards. Sometimes called pay cards, reloadable payroll cards can simplify the process of getting paid for…

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Prepaid Cards vs. Gift Cards

"Cash or card?" It's a common question when people are completing a purchase in-person. Depending on the size of the purchase, card is usually the answer. Today's consumer has more options than ever before when paying by card. They can use a credit card, a debit card, a prepaid card, or…

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The Benefits of White Label Prepaid Cards

Today's consumers have more options than ever when it comes to managing their money. Instead of getting paid by check or cash, which they then deposit into a bank account, many people opt to get paid via a reloadable prepaid card. Prepaid cards give people instant access to money. They…

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Travel and Expense Cards for Traveling Teams

Handling expenses for traveling teams can feel overly complicated. With prepaid travel and expense (T&E) cards, you can feel confident about how your team uses company funds. Consider the benefits these cards have for your financial reporting. The Financial Challenges of a Traveling Team When you manage a workforce that…

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Benefits of Merchant-Funded Rewards Cards

As cashback rewards and points systems become steadily less appealing to cardholders, merchant-funded rewards (MFRs) offer a fresh way to keep customers interested. How do merchant incentive programs work, and what makes them more effective than points systems? Hydrogen provides a brief explanation as to how merchant incentive programs can…

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