subject: Debit Cards Versus Credit Cards For Your Business [print this page] Trying to determine whether your company can benefit from providing debit cards or credit cards for your customer can be a difficult decision. Each type of card has its own benefits and disadvantages. The debit card option is not as popular a choice because the card will only allow the user to spend exactly what he or she has in his or her account. Of course, this can be a benefit as well for those who are looking to limit the amount of money that they are spending.
A credit card can also provide extra options and security for customers. If the credit card being offered has its own line of credit, the company has to deal with customers who default on the credit. If this happens, the company may lose out on money that has been spent and cannot be recovered. An alternative to the debit or credit card option might be the prepaid card option. A company can offer rebates, bonuses, and other financial rewards to its customers with a prepaid card. The prepaid card can have the Visa or MasterCard logo on it and this will allow it to take advantage of the best of both worlds.
A prepaid card can also have a pin number that allows it the extra protection that a debit card has. A prepaid card can also be reloaded when necessary for a limited cost to a company or organization. If the prepaid card has your company logo on it, customers will be reminded of the company every time they use the card. Many companies offer prepaid cards that can be customized to meet various holiday needs.
Prepaid cards with birthday, graduation, and holiday wishes can be offered Take a moment to learn the benefits of using a prepaid visa card over the debit or credit cards that many companies have been forced to consider in the past.
