TransCard Provides an Enhanced Processing / Sponsoring Model for Program Managers of Prepaid Payroll Cards

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Financial Services company pursuing program managers focused on selling a distributing Payroll Cards through Financial Institution sponsorships.

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We have a very flexible delivery platform for program managers so they can quickly and economically launch new programs.

TransCard, LLC, a leading prepaid issuing processor, is actively pursuing program managers focused on selling and distributing Payroll Cards. In addition to a full-featured prepaid card, TransCard has software applications specifically designed to support the needs of payroll clients with new product offerings and product features being release regularly.

“We have a very flexible delivery platform for program managers so they can quickly and economically launch new programs,” said Greg Bloh, President of TransCard. “Our goal for program managers is to alleviate their back office demands and spread their card portfolio across multiple financial institutions. This provides peace of mind allowing a greater focus on marketing and growing core business initiatives.”

Mark Patterson, Chief Financial Officer of TransCard, stated, “With our comprehensive and integrated platform, payroll programs generally operate with a higher profit margin and less capital investment compared to a traditional prepaid model. TransCard’s model reduces costs, expands processing windows, and reduces credit risk. We welcome the opportunity to work with program managers and determine how to make their Payroll Card business more profitable.”

As a full service processor, TransCard offers core processing services, incremental support, and/or business applications for the specific needs of program managers. For more information on creating a partnership with TransCard, contact sales(at)transcard(dot)com or 1-800-504-3126 today to learn more.

About TransCard

TransCard provides cloud-based prepaid solutions to financial institutions, corporations and governments throughout the U.S. In addition to prepaid processing, TransCard’s offering encompasses turnkey products, a robust suite of applications, access to hundreds of sponsor banks, and comprehensive supporting services and reporting. Since everything is architected in the cloud, TransCard’s clients can rapidly deploy full-featured, customized prepaid products with little up front investment.

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