Powered by Visa, MasterCard, American Express & UnionPay
Benefits & Advantages
It can be issued to residents of most countries (including the United States).
Cardholder qualifies with no credit check and no banking history check.
Cardholder can establish credit history and automatically improve his credit score (FICO).
User Group makes significant Residual Commission Revenue through cardholder spending (through Interchange Fees paid by the merchants and Foreign Exchange Fees)
Card Holder Usage Fees are very clean and reasonable.
Card can be cobranded for the User Group rapidly in 6 weeks.
It comes in virtual (for instant issuance) and physical forms.
It is a credit card, a travel card, a general spending card, a remittance card, a payroll/payout card and a high capacity savings account.
It can be loaded through mass-payout & by retail cash, funds transfer and cryptocurrencies.
As a credit card, it has advantages over prepaid over prepaid debit cards (or debit cards) in getting approvals in renting cars & purchasing gasoline can minimize or eliminate hotel holds.
It can be a MasterCard, a Visa card, a UnionPay card or American Express card.
Cardholder can also have a high capacity eWallet for multiple currencies and cryptocurrencies.
Application & Issuance Summary
It is a prepaid credit card that can be co-branded rapidly.
No Credit Check – Everyone with proper ID qualifies with a card limit of $9,900
Credit Establishment & Improvement – As prepaid, it can not go negative; so, it can help cardholder build & improve FICO credit scores in 25 countries, including U.S., Canada, and Mexico.
No Territorial restrictions – It can be issued to U.S. residents & residents of 200 countries.
Ubiquitously Loading – It an be retail cash loaded, mass-payout loaded, credit/debit card loaded, bank wire transfer loaded & Cryptocurrency withdrawal loaded.
General Spending – ATM withdrawals & spending everywhere MasterCard is accepted.
Remittance Card – It is excellent for card-to-card transfer remittance into 200 countries.
Funds Transfer Card – Funds can transfer directly out of card the account.
Travel Card – It has significant advantages over debit cards for car rental and hotel stays.
Payroll & Payout Card Worldwide – Payroll can be direct deposited into the card; for MLMs; Charge-Back issues can be solved through eWallet-to-eWallet funds transfer.
Residual Net Revenue Sharing
The sources of the Distribution Side (50%) commission revenue are:
Cardholder Usage Fees on cards less costs from the bank, MasterCard and the processor. This revenue for the Distribution Side is typically less than $4-5 per card per month since GIVE’s Cardholder Usage Fees are reasonable and promote usage.
FX (Foreign Exchange) fee of, typically 1% for the entire Distribution Side (from the Master Distributor side and down). This source of revenue can be significant; if in a certain month, a cardholder spends $2,000, subjecting to FX, using the card, this source of this commission can then amount to $20 per that card in that month.
Interchange fees on bankcard spending. This fee is paid by the card acquiring merchant, and not by the cardholder. This commission revenue can fluctuate depending on the spending of the cardholders and the geographic locations of the cardholders. This commission is, typically, 1.0% for the entire channel Distribution Side (from the Master Distributor side & down). Therefore, if in a certain month, a cardholder spends $2,000 using the card, this source of commission can then amount to $20 per that card in that month.