Citi Pre-Paid Card's

Published on 19 September 2011 by Raffick Marday

Citi Prepaid card overview

The Citi Prepaid Visa Card is a prepaid card provider. With Citi Prepaid Services, formerly Ecount it has become a leading provider of managing corporate prepaid solutions. Through a consultative approach, Citi Prepaid can deliver custom electronic payment programs that could reduce costs, drive efficiencies, increase program effectiveness and enhance brand communications. Even greater, our programs provide compelling benefits for the user.

PRBy getting a Chequepoint WorldCash prepaid card you have the ability to share money with family and friends anywhere in the world plus if you order before 3pm your prepaid card will be dispatched the same day.

Who have set up custom Citi Prepaid Card programs?

KitchenAid, U.S.A. – A division of Whirlpool Corporation, KitchenAid has been a leading manufacturer of cooking and cleaning products for over 90 years with a focus on quality craftsmanship, versatile technology and timeless style. With a strong focus on their customers, KitchenAid turned to Citi Prepaid Services to cook up the perfect solution for their rebates to get your Chequepoint card you can pay by debit card, credit card or even SMS making it easy to get plus no long winded forms to complete.

Mando Brand - Mando Brand Assurance, a specialist communication agency of media giant WPP, wanted a striking promotion for its client, TomTom, in the UK. The satellite navigation firm planned to launch new models for Christmas 2008 and wanted to attract potential purchasers with a rebate/reward scheme. Traditionally, Mando had used cheques as consumer refunds but found them costly to produce, distribute and manage. Mando was eager to capitalise on motorists' concerns about rising fuel costs with a fuel credit promotion. TomTom also wanted a solution that could increase the proportion of rewards spent on its products

Maryland - has had a strong interest in shifting their unemployment payments to a prepaid card program to leverage the efficiency and efficacy of electronic payment delivery. However, with the inability to find the right partner to power the program, the initiative never got off the ground for the State. Numerous factors motivated Maryland to make the move to prepaid cards to facilitate electronic delivery of their unemployment payments, including extensive costs related to check printing, administration and delivery, costly and inconvenient equipment breakdowns and major burdens related to the re-issuance and security of paper checks. The State needed a fast, reliable, cost-effective method to provide unemployment payments to citizens who depended on them. It also needed to eliminate the burdens of paper checks, during one of the most challenging economic periods of the last 50 years. Additional concerns included eliminating high fees charged by check cashing agencies for citizens who had no personal banking accounts, as well as providing the unemployed with easy, "no fee" access to their funds.

Men's Wearhouse – A leading provider of quality menswear, Men's Wearhouse has been honored multiple times as one of the Fortune 100 Best Companies to Work. Men's Wearhouse places a strong focus on their employees; an emphasis that has resulted in the company getting honored multiple times to the Fortune 100 Best Company to Work list. As part of this approach, Men's Wearhouse continually looks to enhance their employee experience. As Gulya Belchuk, Treasury Manager for Men's Wearhouse explained, "Our company is extremely employee focused, and we are constantly on the lookout for new benefits and innovations to improve our employee's experience with us." Men's Wearhouse was in need of a solution that helped resolve payroll delivery delays and consistently provided on-time payments to their employees. The company was also looking to decrease their costs related to the production, distribution and management of paper paychecks.

MonaVie – With an extraordinary growth record within the direct selling industry, MonaVie, a worldwide distributor of natural-blend products, provides flexible and secure payments to hundreds of thousands of active agents with the Citi Prepaid Direct Selling Program. Delivering commission payments in a reliable and cost-effective manner to thousands of active agents presented a major challenge for a company whose international distribution network was expanding exponentially at the same time check production and delivery costs were on the rise. When MonaVie adopted Citi Prepaid as their payment provider, significant operational strains were impacting the company and its distributors' businesses. For the company, it meant countless hours and immeasurable costs. For distributors around the world, it meant waiting for checks to arrive in the mail, taking the time to deposit them, and waiting again for the funds to clear. Citi Prepaid Services offered the best direct selling solution to streamline the payment process and to guarantee easy and secure access to funds. MonaVie pays their distributors weekly, so it was crucial for them to have a streamlined, reliable payment solution for their network.

Stein Mart – With a nationwide network of nearly 260 free-standing stores across more than 30 states, Stein Mart has over 17,000 employees at its department/specialty off-price retail shops. In years past, events beyond Stein Mart's control hindered its ability to deliver paychecks to a network of 17,000 remote employees. One year it was air traffic congestion due to 9/11; another year a snowstorm hit Louisville and crippled the local mail distribution hub; then there were the frequent hurricanes in Florida, where the store is headquartered. With so many variables in the payment distribution equation, Stein Mart needed a fail-safe system that could deliver payroll despite so many obstacles. In addition, with employees spread out over 30 states and on four different payroll cycles, Stein Mart needed a seamless solution that would be compliant with all state wage and hour laws.

Toyota Motor Sales USA – Known globally for progressive, efficient products, Toyota's decision to adopt paperless payments aligned with their efficient, clean solutions that make an environmental impact, With thousands of sales professionals at over 1,400 dealers across the U.S., Toyota faced a major challenge around the production and distribution of their sales incentive payments. For years, paper checks seemed like the only legitimate payment method on which they could rely on. Yet despite its simplicity in concept, the use of paper proved to be incredibly complex, expensive and inefficient for Toyota. They had to produce the checks, purchasing large volumes of paper, ink and envelopes, and also had to establish a dedicated infrastructure of printers, computers and software; all major costs to continually produce upwards of 150,000 checks annually. Finally Toyota had to distribute these checks, typically batched for priority shipment, which cost upwards of $10 to $12. So, the distribution costs alone topped $180,000 annually.

Tractor Supply's payroll card, Citi and Visa celebrate Tractor Supply's payroll card program success in the latest addition to Visa's Currency of Progress campaign. Through this campaign, Visa brings to life the power of digital currency through a global video campaign. The tangible benefits of digital currency to consumers, businesses and governments are told through the stories of real people.

ENERGY STAR is a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy with a mission to save money and protect the environment through energy efficient products and practices. With the help of ENERGY STAR Americans save enough energy annually to avoid greenhouse gas emissions equivalent to those from 30 million cars, all while saving nearly $17 billion on their utility bills.


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