Credit Card and Merchant Services
Credit Card Offering
The Bankers Bank Credit Card offers a worldwide Visa/MasterCard program that permits community banks to offer credit cards to their customers. Our program will allow you to enter the credit card market with a low start-up cost and will provide you with the materials and marketing strategies to run a profitable card business. In the credit card world of today, corporate sponsors are continually flooding the consumer market with their cards. With your customized bankcard product, you can keep your customers and loan dollars in your community.
The Credit Card program is very flexible and allows you a variety of options to design your own plan. You may pick from a range of Visa and MasterCard products and set your own rates and credit limits – allowable under state law. You have the option of funding your own receivables or having The Bankers Bank do the funding with the bank receiving referral fees on a monthly basis.
Merchant Services
The Bankers Bank is committed to providing a Merchant Services program that is convenient, cost effective and trouble-free. Merchant Services can help you tailor your program to meet your specific needs. We offer a line of payment solutions for your customers that include credit card acceptance and check acceptance for all types of businesses.
Paycard Program
Through an agreement with Skylight Financial, The Bankers Bank offers a paycard solution for your bank. You earn revenue with no risk. Your bank receives income from the program through royalty fees based on the monthly net revenues collected on the accounts. Skylight gives your corporate companies and their employees, a convenient and cost-effective alternative to traditional banking services. The employee-owned Skylight account provides a host of services with or without monthly maintenance charge and all employees are pre-approved*. This direct deposit funded account is an ATM/POS debit account that offers a pay-as-you-go approach; meaning the accountholder pays for transactions as incurred. The account is FDIC insured. In addition, the Skylight account offers significant benefits to the cardholder, including: personal security, access to other financial services, protection of deposits, and a cost effective alternative to other check cashing options. Accountholders have access to their money 24 hours a day, 7 days a week at over a million ATM and POS locations worldwide.
*Account approval contingent upon employer direct deposit and verification of identity as required by the USA patriot Act. |
