Zipp - For Banks
Large Free float
Growth without investment
New revenue stream
Cross selling opportunities
The Prepaid debit cards issued by Zipp's licensed partners will provide unbanked people with the opportunity to keep their money safely, and provides the advantages of an 'international bank account' in a pre-paid card. Cardholders will be able to receive or send both international and domestic remittances, have their salaries paid onto their card and save money which is currently sitting in the cash economy.
For Banks, the ZippCard creates a number of new business opportunities through which the Bank can grow, without investment and offer both its new and existing customers new, effective, and low cost services that will save them money and improve their ability to manage their money.
The Prepaid host can be managed as a standalone host so not impacting on the banks existing infrastructure.
An opportunity for Banks to:
The Market
The target customers for the pre-paid card will be:
ZippCard Management Solutions
Fully managed, end-to-end pre-paid solutions providing a low risk, cost effective programme for issuing and managing pre-paid cards covering:
The prepaid card market offers major new revenue-generating opportunities to replace paper-based products such as gift vouchers, traveller's cheques, and cheque/cash based payroll or state benefits payments. Zipp Card Solutions offer prepaid card solutions for a variety of existing and emerging markets including financial services, retail, the public sector and the unbanked (cards can be issued to individuals without credit checks).
Vision Statement
Zipp is designed as a low-cost global interchange for the development of a new paradigm in banking, harnessing the energy, the ideas and the talents of the financial and technology sectors, to deliver better value and achieve real change to transform the lives of even the most disadvantaged people.
Mission Statement
To make Zipp the inclusive and preferred interchange network globally for low-cost migrant remittances, micro-finance, micro-savings and currency exchange.