CLAIMSCARD

An innovative prepaid card replacement process

This solution taps into a powerful retailer network that facilitates claim fulfilment, customer satisfaction and improved loss-ratios.

NO INTEGRATION

Fully secure Standard Bank sponsored MasterCard Debit Card

Settlement through the banking network

REPORTING

Detailed monthly reports

eft-device_claimscard

NORMAL PROCESS

No staff training required – standard MasterCard
settlement type

MERCHANT FILTERING

Advanced filtering capabilities – ensuring directed spend

INSURER BENEFITS

ALLEVIATE CASH PAYOUTS

Fraud reduction

Reduce maverick spend

INCOME GENERATING

Retailer rebates

Interest income

Premium preservation – underwriting

EFFICIENCIES

Ease of use, reduced admin

Next business day fulfillment

Single reloadable card for multiple categories of claim

FLEXIBLE

Preferred suppliers loaded

Customised branding by Insurer/Broker

Reloadable card