Cash Pay-Out - Sales Promotion
Vincento offers a dedicated pay-out solution for the Sales
Promotion industry, replacing traditional pay-out methods, such as
vouchers or cheques, with a prepaid MasterCard®.
The use of Chip and PIN cards provides a secure method of
distributing prize money, especially when high value prizes are
involved.
Unlike a voucher, which is disposed of after redemption, a
prepaid MasterCard has a high perceived value and is likely to be
retained by the recipient for day-to-day spending after a
promotion. This significantly increases the effectiveness of a
promotion by ensuring a continued brand presence in the
cardholder's wallet. Subsequent promotions can re-engage
cardholders with a brand by using the same mechanism, but with the
additional benefit of being able to add funds directly to
cardholders' cards in return for specific activity.
Vincento offers a complete solution including:
- Recipient registration & identity verification
- Design & production of bespoke promotional MasterCard
- Loading of prize funds to cards
- Design & production of all collaterals sent to
consumer
- Secure despatch of cards
- Customer support
- Financial reporting & reconcilliation
- Future dated promotional activity
If you would like to find out more about how Vincento can help
with your Sales Promotion please use the Contact Form.
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