The enStage debit and stored value card processing platform offers flexible and customizable business rules that enables issuers to introduce various stored value card types.  Issuers can define business rules based on the way they conduct business and to allow them to differentiate themselves from competition.  This platform is versatile enough to serve financial institutions and corporations alike.  Coupled with unparalleled ability to manage card portfolios and view transaction information over the web makes card management that much easier. 
enStage debit and stored value card processing platform supports reloadable as well as disposable cards.  Some examples of stored value cards include:

• Gift cards
• Travel cards
• Payroll cards
• Health cards
• Dependant cards/ Student cards
• Loyalty or rewards cards
• Payment cards
• General purpose spending card

Stored value cards offer tremendous flexibility to the consumer.  Whether it is a gift card or a travel card or a dependant card, the consumer is confident that the card brings both flexibility and security of the fixed value.

Increase revenue via new products.  Issuance of stored value cards brings in new revenue by tapping into opportunities to reach large consumer segments that were served in the past by cash, checks, vouchers, or some other “pay before” mechanism.
 
Develop new customers.  Stored value cards help reach out to prospects that are the recipient of the stored value card or are seeking the unique product offered by the issuer.  Moreover this interaction comes along with revenue that is generated through the stored value product.  In addition, this helps reach out to the underserved or unbanked consumers.

Streamline business process.  Corporations can use stored value cards to not only server their employees better, but streamline their own business processes thereby reducing processing time and fraud.  Payroll, payment, and health cards are great examples where significant benefits through controls can be realized.

Card features

• Personalized card:  Cards may be personalized with a “personal” message or with the cardholder’s name.  A greeting or message can be embossed on the card
• Card branding and designs:  Pick card designs suitable for the specific occasion the card would be used, e.g. gifts, incentive programs, travel.  The card can be branded with the colors and logo of the corporation or financial institution driving brand awareness.
• One-time or multi-use cards:  Choose between a one-time use card type and multi-use, reloadable card types.  Establish limits on the card or any other transaction boundaries.
• Usage guidelines:  Determine if the card can be used at ATMs to withdraw cash, used for Internet purchases only, cards for travel related expenses, or any other usage model for the card.

Card management

• Order management:  Manage card inventory through an extensive permission-based card order management capabilities.
• Enrollment and card issuance:  Enroll employees and manage issuance of cards.
• Account management:  Manage funding accounts card accounts all through one self-service portal
• Reporting and statements:  Generate extensive reports to manage card portfolio
• Customer Service Representative (CSR) Module:  Provide unparalleled service to your customers

Consumer care

• Online purchase:  Consumers can order cards online through a self-service portal which can be branded by the financial institution or corporation.
• Cardholder service:  The self-service portal provides access to complete transactional history, card balance, PIN management, valuable information.

enStage offers a complete end-to-end processing solution for stored value cards.  It includes roll-out of the card product, card management, multiple sources of funds, authorization and settlement services, exception processing, cardholder support and customer service.

Key benefits include:

• Provides multiple funding options (ACH, bank account, credit/debit cards)
• Ability to activate cards immediately and reload cards
• Fee management
• Complete card management services including issuance, authorization, settlement, exception processing, cardholder support, reports, and statements.