Gift cards and other prepaid debit cards
Our background with large financial and human resource systems prepared us to help large organizations with their increasing use of gift cards and other prepaid debit cards.
Abakist is one of the few diverse suppliers of prepaid debit cards certified by the Women’s Business Enterprise National Council (WBENC) or the National Minority Supplier Development Council (NMSDC). And no minority (MBE) or women (WBE) owned business (M/WBE) offers a broader line of cards.
We can provided you with almost any card you want and we normally charge no premium over the face value: $100 buys $100 worth of prepaid debit cards, or whatever denomination you wish. We, like everyone else, have to charge a premium on the Visa / MasterCard / Amex / Discover cards.
Different parts of your organization could be using prepaid cards for a variety of applications.
Selecting the best card or mix of cards for you requires considering a) your application, b) who the end user is, and c) what you are trying to achieve.
For incentive uses, the key is often what we call the 3M Question: What card will best Motivate the behavior you want, by creating a Meaningful and Memorable experience?
Besides incentive uses, large organizations are using prepaid debit cards a) to do some “old things” more efficiently, and b) to do some “new, creative things” that were not practical before.