Axiom Provides Implementation and Management of White Label Prepaid Card Programs – Something it Says Keeps Many Companies from Adopting Them

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It’s no secret that taking care of business requires focus on cores services and team development. Yet, according to executives at Axiom Prepaid Holdings, that diligence may lead businesses to miss out on opportunities to boost their brand and revenue that outsourcing could provide. With one such example being white label prepaid card programs.

Axiom helps clients boost their revenue and brands with white label prepaid card programs.

“There is a great deal of expertise that goes into running a white label program. Axiom provides that to our customers so they can keep their attention on operating their businesses while we make sure their brand is gaining continual traction."

It’s no secret that taking care of business requires focus on cores services and team development. Yet, according to executives at Axiom Prepaid Holdings, that diligence may in fact lead many businesses to miss out on opportunities to boost their brand and revenue that outsourcing could provide. With one such example being white label prepaid card programs.

Steven Foster, CEO, Axiom Prepaid Holdings says that white label programs are growing in popularity in direct correlation to the explosion in use of prepaid cards. “White label” basically means that the card carries the company’s logo. He says that too often businesses are not pursing the option because of lack of knowledge in running such a program. That’s where Axiom comes in.

Last year, the company – which is a global provider of end-to-end payment solutions – launched its white label program to support those same businesses. In addition to the brand visibility and loyalty building benefits, the cards provide businesses with the opportunity to collect data, analytics and tracking for use in improving customer outreach. They can also be used to pay commissions and distribute compensation to customers, agents and affiliates, and offer an alternative to traditional payroll programs.

Axiom gets the programs up and running – typically in as little as three to four months – for their clients. They then manage the programs. Comprehensive reporting tools are provided along with seamless integration of cardholder services to existing applications and websites; and customization of cardholder fees and the revenue generated from those. Built into every program are expert compliance safeguards to ensure that a brand-building program does not become a reputation damaging one. Standard features of the programs include card-to-card payments, ATM access, direct deposit load, generated statements, 24/7 help, fraud protection, virtual card access and SMS/email alerts.

“There is a great deal of expertise that goes into running a white label program and we provide that. Our advanced digital tools, compliance expertise, and overall industry-leading knowledge of prepaid card programs allow Axiom’s customers to keep their attention on operating their businesses while we make sure their brand is gaining continual traction,” said Foster.

“Consistent branding has the potential to increase company revenue by more than 20 percent and strengthen relationship with target audiences,” he added. “We help make sure clients don’t miss out on that because they lack experience running a white label prepaid card program.”

About Axiom Prepaid Holdings:
Axiom Prepaid Holdings was born of the desire of two entrepreneurial-minded banking industry veterans to turn the prepaid card model upside down. To make banking simple. To give consumers and businesses around the globe access to innovative, easy-to-use, digitally driven, fun, flexible and secure products and services. Today, Axiom has 9 offices in 13 countries. Every day, the Axiom team strives to create 100% turnkey solutions to help cardholders gain economic freedoms and help businesses achieve growth and success.

To learn more about Axiom Prepaid Holdings, please visit: http://www.axiompph.com

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Erin Andrews
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