A specialized program which doubles up like a debit card and is tailor made to suit individual business needs. The instant issuance and usage of the card is also supported with the option to reload cash. The two options include an open loop program in which the card is authorized by a banking or financial institution and enables customers to use it through any network similar to a debit or credit card. In the closed loop platform, the program runs within a network of participating outlets. This program is also used on our Cashless Campus and Cashless Fest service.
Cashless Campus: As part of the prepaid card program for schools, a specialized prepaid card is provided which doubles up like a debit card tailor-made to suit the school requirement which can be used for school fees, activities, excursions etc. The instant issuance and usage of the card is also supported with the option to reload cash. This closed loop platform would control the optimal usage of money, provide cash protection and enable track spending.
Cashless Fest: The Cashless Fest Prepaid Card Program, a flagship program of Benefit Beyond (BB) through which a customer's prepaid card is topped up like a debit card and can be used as an alternative to cash at participating outlets. Cardholders will be able to pay at stalls holding POS Terminals by BB. At the end of the event, each of the participating outlet payment would be settled depending on the transaction summary. The settlement report could be provided to the client in turn.
