Oblong - Financial Services Specialists

Membership Organisations

Oblong's founders have considerable experience in working with Affinity Clients, as a highly respected provider of insurance broking and financial advice solutions.

Pre Paid Cards are becoming a standard product for members based organisations, with numerous benefits to the members, and massive revenue generating possibilities for the organisation concerned.

All members have automatic and guaranteed eligibility, since the cards are not dependent on any credit checks- and yet they can be used in all the places a traditional credit or debit card could be used. They offer unparalleled security and flexibility, with protection from fraud and miss-use. They are easy to use, and simple to monitor.

Some of these benefits for members include:

• Secure online access to the host organisation.
• Secure access to online 1,200 suppliers offering cashback (including all major brands). • Reduced costs of foreign currency and transactions abroad- saving and average of £80 on an average two week trip abroad for an average family user.
• Flexibility of card management through Mobile Phone and Internet- making monitoring the card child's play.
• Online "bank account" can be provided where appropriate.
• Access to a wide range of discounts from selected providers.
• Ability to use the card in all places where traditional credit and debit cards are accepted, and over the phone and on line.

For the Affinity Groups themselves the attractions of introducing a Pre Paid card scheme include to their membership;

• Reducing membership card costs by replacing them with Pre Paid Cards.
• Generating savings by transacting on a "Closed Loop" basis with cardholders eliminating "Merchant Fee" costs. There are no merchant fees payable when a member uses their card to buy goods and services or pay membership fees to the member organisation.
• Income is generated from card sales and/or ongoing card income generated from share of transaction fees (merchant fees etc).
• Ability to pass on savings and revenue to charitable causes (supported by Gift Aid where required).

Oblong's specialist Affinity Team will assist clients with

• The specification of the Pre Paid Card solution.
• Tendering of the solution to providers.
• Agreement of Revenue sharing with providers.
• Creation of marketing material and ongoing promotion.

Design and distribution of the card to members and creation of introductory mail out materials

Solutions for the travel and tourism industry

Solutions for the debt-management industry
Oblong helps you Choose

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