mychoice corporate - all program variants
TRANSCRIPT
MyChoice - Corporate Payouts
© 2014 Wave Crest Holdings I All Rights Reserved
MyChoice Corporate Pay-out Solution
Most efficient and secure way to pay service providers, business partners and customers
❑ MyChoice pay-out solution may be used as:
Payment Card – To pay your employees as an alternative to
checks
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Incentive Card – To pay-out commission
and incentive to employees and
agents
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Purchase Card – To make instant
payments to your suppliers and
vendors
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Corporate Card – To simplify and
streamline Corporate expenditures
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© 2014 Wave Crest Holdings I All Rights Reserved
MyChoice - Overview
Available in three currencies – USD, GBP, EUR
Option to select a co-brand or a white label Card design
Easy and Fast online account approval*
No requirement of credit checks or bank accounts
Easily issue prepaid cards to your employees / agents / suppliers etc.– and load their cards for any pay-outs
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* Subject to successful business and personal verification process
© 2014 Wave Crest Holdings I All Rights Reserved
MyChoice Features
Simple predefined programs - turnkey offerings or customizable programs
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Reloadable Prepaid Card Accounts for easy payouts2
Available on Visa card network3
Plastic or Virtual Card Account4
Chip & PIN card security5
Secure integration, card personalisation and value load via business application or secure API
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© 2014 Wave Crest Holdings I All Rights Reserved
Benefits
Cost Effective
Lower your operational
expenses with all electronic
payments
Flexible
Plug in to turnkey features or
customize your program with
multiple options
Speed to Market
Easy and Quick approval to meet your
delivery time frame
Full Service
Available with 24X7 email and
telephone support to help in your payouts
Operations Support
Includes risk management,
dispute management and corporate
reporting
Easy
No bank account or
credit history required for cardholders
Ubiquitous usage
Anytime, Anywhere
access to funds via ATMs and point of sale
Convenient
Self Service access to account via
online and mobile user friendly
interface
Cost Effective
Simple and transparent fee
structure
Support
Support via Email, IVR and
Live agent
For Customers
For Business
© 2014 Wave Crest Holdings I All Rights Reserved
Programs available
Standard My Choice Program
Co-branded My Choice Program
White Label My Choice Program
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© 2014 Wave Crest Holdings I All Rights Reserved
Visit www.mychoicecorp
orate.com and login. You may now access your online
account
Our team will get in touch with you for
subsequent process and documentation
Applying for My Choice Program
What happens
next?
Our team will check your details to verify your identity. This will take up to 72 hours.
On successful verification, you will receive an email from us, stating that your account is approved.
You may now log in to your online account (using the email and password you created in the signup) to access various features of the My Choice Corporate payout program.
Visit www.mychoicecorporate.com and sign
up with your business and
personal details
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STEP 2
STEP 3
STEP
© 2014 Wave Crest Holdings I All Rights Reserved
Getting Started
Add Funds to your Prefunding account
Create Prepaid cards for your
employees / agents etc. for pay-outs
Load Cards from your prefunding
account
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© 2014 Wave Crest Holdings I All Rights Reserved
Program Variants Available
FeaturesStandard Standard
Co-brandCo-brand
ProfessionalWhite
Label**Selection of Card Type (Physical/ Virtual)Selection of Card CurrencyCard Design Customisation Website CustomisationCustomised Cardholder Mobile ApplicationCustomised Alerts & Notifications (Email & SMS)
Customised IVR
Customised Reports
Customisation of Fees/Rules **API Based Access**
Time for Approval** Contact Sales Team for Details
5 days for corporate
5 days for corporate & 30
days for card design
5 days for card & 30 days for card design
30 -90 days
© 2014 Wave Crest Holdings I All Rights Reserved
Fees
Standard Co-brand Standard Co-brand Professional White Label
Program Setup Fee Free Applicable Applicable Applicable
Custom Cardholder Fees Not Available Not Available Available Available
Program Management Fee Free Free Applicable Applicable
Revenue Share Not Applicable Not Applicable Applicable Applicable
Additional Services Not Applicable Not Applicable As per Quote As per Quote
Business Fees
© 2014 Wave Crest Holdings I All Rights Reserved
Fees
USD EUR GBP
Cardholder Account Creation Fee(Charged to Business Partner) Per Account $9.00 €7.00 £5.00
Purchase Transaction Per Transaction Free Free Free
ATM Transaction Per Transaction $2.50 € 2.25 £1.75
Monthly Maintenance Fee Per Month $1.00 € 1.00 £1.00
Foreign Transaction Fee Per Transaction 3.00% 3.00% 3.00%
Card to Card Transfer Per Transaction $0.25 € 0.25 £0.25
PIN change Fee Per Transaction $1.00 € 0.80 £0.60
Card Replacement Per Occurance $8.00 € 6.00 £5.00
Expedited Shipping (Replacement) Per Occurance $35.00 € 30.00 £25.00
Cardholder Fees
© 2014 Wave Crest Holdings I All Rights Reserved
Need Help?
24/7 Customer Support
SalesEmail: [email protected]
Phone: +44 20 0333 1415 Email: [email protected]
Reach out to us for any support related query