To start a prepaid credit card company, set up a business name, choose a credit card company, design the card, set up a computer system and market the card, according to the Houston Chronicle. Specialize the card to target specific consumers.
Starting a pre-paid credit card business begins with establishing a business account and obtaining a tax identification number, notes the Houston Chronicle. Get the necessary permits and licenses from the local county government. Create a business plan that details the direction of the intended business.
Search for the proper credit card companies, such as American Express, Visa or MasterCard, reports the Houston Chronicle. Be aware of any fees that may discourage potential consumers from applying.
Work with a pre-paid card originator to design the company card, explains the Houston Chronicle. Fees are usually associated with the card design, but owners have a chance to choose a unique style.
Set up pre-paid cash registers to prevent consumers from using other cash advance centers. Owners can also profit from the fees. Market the pre-paid cards, and mention such enticing offers as no overdrafts or limits. Tailor the card to certain demographics or groups, such as parents who want to teach their kids how to use a card at a young age, claims the Houston Chronicle.Learn More
In a case involving a package delivered but not received by the actual purchaser, the buyer must contact the credit card company directly and open a dispute. When there is no malice involved on the seller's end, the credit card company may side with either the buyer or seller. In most cases, credit card companies will issue a refund when the buyer did not receive the item from a seller.Full Answer >
You can get a SunTrust prepaid card by requesting one online at SunTrust's official website or by purchasing one at a SunTrust branch. The SunTrust Prepaid MasterCard is a secure and convenient alternative to cash, paper checks or money orders.Full Answer >
Prepaid Chase accounts can be opened at a local Chase branch after filling out the necessary application. Applicants must be at least 18 years old, have two forms of valid ID and be able to deposit at least $25 to start the account. Approval only takes a few minutes and once granted, a card will be issued for same day use.Full Answer >
A credit card is 0.03 inch thick. Credit cards are 3.37 inches wide by 2.125 inches high. All credit cards have this thickness because they conform to requirements set out by the International Organization for Standardization.Full Answer >