VISUAL SAVINGS CARD
What is it?
The Visual Savings Card™ is a reusable card that displays and updates the balance with each transaction, allowing members to save and budget for bills and special occasions, in a safe and secure manner.
How does it work?
Each member is issued with their own reusable card. The system employs a unique inkless card reader and proprietary software.
- Increase the footfall and cash flow in your credit union
- Grow the membership in your common bond with a new savings service
- The reusable card features a direct advertising feature, allowing you to promote your credit union and its services to your member.
- Offer a penny bank or Christmas Club
- Address compliancy issues with an existing paper based savings stamps service
- Safe, secure, PIN protected card, with optional photographic ID linked to each member on screen
- Cards are custom designed with graphics and logos to Credit Unions requirements
- Full control over what information can be displayed on cards.
- Daily addition and withdrawal limits can be placed on cards to combat money laundering activity
- Full audit trail and reporting facility on all transaction in line with current compliance recommendations
- Reports available for external end of year audit
- Unlike paper based stamps lost cards can be replaced! Members money is always safe
- Password protect software functionality
- Database backup facility
- Unique ID on multiple teller installations