Whether in digital or physical form, prepaid cards are enticing rewards. These engaging cards are ideal for companies that need customer loyalty marketing or engagement solutions for employees. Prepaid reward cards let your employees secure their funds and keep them in one place. They also give companies revenue before anyone makes their first purchase. However, loyalty platforms evolve as technology evolves. Prepaid cards are no exception to this rule. Reward cards began as a wave of plastic gift cards meant for specific merchants. Now, many of these cards are almost universally accepted worldwide. However, unlike gift cards, prepaid reward cards can be reloadable and non-expirable, making them more reliable and versatile than a simple gift card. As e-commerce becomes the preferred shopping method for your employees, companies are offering more virtual solutions such as prepaid reward cards. But what is a virtual prepaid card, and what makes it better than a physical one? Virtual and physical prepaid cards have numerous benefits with few drawbacks, making them perfect for everything from corporate incentives and sales motivation to performance rewards and employee retention. Virtual cards offer better security, for example, and do not increase production costs. On the other hand, physical cards offer ease […]

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