MyChoice Corporate - All Program Variants

MyChoice - Corporate Payouts

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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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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


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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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


Programs available

Standard My Choice Program

Co-branded My Choice Program

White Label My Choice Program

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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


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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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


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


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


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

MyChoice Corporate - All Program Variants

Business

Transcript of MyChoice Corporate - All Program Variants