Prepaid programs can help grow a business or nonprofit. But criminals are targeting prepaid programs more and more each day. And while our fraud protection technology is first-class, some level of fraud is inevitable in every program.
The Prepaid Fraud “Catch-22”
But there’s a big problem with most prepaid programs, and most program managers have no way to help you deal with it. This “Catch-22” can turn any otherwise-profitable prepaid program into a money loser, and there wouldn’t be a thing you can do about it.
The problem comes in two parts.
1) You, the client, are responsible for monetary fraud losses in your program.
2) Your program manager is responsible for curbing fraud on your behalf.
In other words, you pay for the fraud that you have no direct way of reducing.
Cascade FinTech has fixed that problem.
Fraud Loss Protection Plan
We’ve developed a unique program that helps you deal with potential losses due to prepaid fraud. We call it the Fraud Loss Protection Plan and offer it to qualifying prepaid programs.
We do our same world-class prepaid fraud protection. For a small fee, if any fraud happens to get through, it becomes our responsibility. Losses due to fraud never show up on your bottom line.
That means you can more easily remove a huge amount of risk from your business.
Email or Call us today to discover how our Fraud Loss Protection Plan can help you and your independent program.