Small Business Edition
How does Small Business Edition work?
What kind of businesses should use MoneyBar Small Business Edition?
MoneyBar Small Business Edition is for successful small to medium size businesses with a good product and customers who frequent their business on a fairly regular basis.
How do I get MoneyBar Small Business Edition?
Simply sign up for MoneyBar Small Business Edition by contacting
us.
What else do I need?
You’ll also need to ensure you have Internet access at your business location. You can use a normal telephone line have your system dialup MoneyBar, but to take advantage of all MoneyBar has to offer, you will need a broadband internet connection that will be ‘always on”.
What will my private branded cards look like?
Your prepaid cards should reflect the very best possible image of your business.
Your logo and look is prominently portrayed on your card (the MoneyBar logo is positioned
quietly in the lower corner on the back of the card.
The cards have a magnetic stripe on the back as well as a unique card number.
The key to MoneyBar’s success is that it is not a cost center – it is
a profit center. We can show you how MoneyBar not only pays for itself but actually
increases your profits.
Improve your Cash PositionExample of improvement to cash position:
Number of cards sold 1000 Average value per card $30 Cash on hand $30,000
So how does the whole thing work in my business?
First you sign up for MoneyBar Small Business Edition, We will help you set up a
merchant account for Visa/MC if you don’t already have one. To order your
first supply of prepaid cards, send us your company logo in “TIF” format. Be sure
you arrange for an Internet connection at your location.
In 2-3 weeks you receive your MoneyBar POS terminal and your initial card supply.
Position your new non-active cards on your counter top, and offer them to your customers. Your customers decide how much to put on the card, they pay you that amount and you simply swipe the card through your MoneyBar POS terminal and the card is activated and enters your MoneyBar prepaid card system. The POS terminal confirms the activation and the amount of cash on the card in real time. With another swipe of the Card, your customer can make a purchase right there and then.Now your customers don’t dig for cash, your line ups move smoothly, and your customers keep coming back for your fine product and service, with the added convenience of prepaid.
When your customers are away from your shop they can also go to the MoneyBar website and log on to check their account balance and recharge their cards. They recharge with their Visa or MasterCard and the recharge amounts go straight to you.
Customers will buy your Cards as gifts for family and friends, which adds to the number of repeat customers you have to serve.
Every month MoneyBar creates a report of transaction activity in your MoneyBar account and we receive payment via PAP.
Should your business grow to more locations, simply add a POS Terminal and sell more cards at your new locations. If you wish, all of your Cards will work at all of your locations.
