Contactless payments have become more prevalent in the past few years, and have taken off since the COVID-19 pandemic began. People don’t want to touch things due to safety concerns, and paying with a contactless Wearable payment device provides a safer alternative. As a modern Program Manager, we can build your prepaid or debit program around a conventional card. Still, we can also do so much more, allowing contactless payments using Wearables.
What are Debit and Prepaid Wearables?
Wearables are items that you can wear or carry that contain NFC (RFID) payment chips, which allow you to perform contactless payments. So rather than swiping a conventional plastic card through a reader, you can use an item of just about any size or shape to make a contactless payment, including…
- Key Fobs
- Cell Phone Cases
They can be in the form of almost any other promotional item that fits your branding or business model. In addition, our plastic cards can optionally include an EMV chip to make them more secure. These chips can be dual interface, which allows them to be used in a contactless manner. The plastic card form factor is very familiar to most people, and most of your customers will have no problem using this type of card as a contactless device.
How Debit and Prepaid Wearables Benefit Your Customers
The versatility of Wearables for consumers to make contactless payments is endless.
For a day at the beach, a simple wristband is perfect for grabbing a burger and a soda, no need to try and figure out how to carry your wallet in your swimwear.
Or maybe you’re at an amusement park. Leave your wallet or purse in the car and make contactless payments for tickets, refreshments or souvenirs with a ring attached to your prepaid account.
Wearables for Access To Your Events
And the benefits of a Wearables program don’t end at just making payments. Wearables can be programmed for any number of additional functions, including access to sporting events or concerts. Virtual tickets can be programmed into the device, so there is no need to worry about paper tickets getting lost or damaged.
We can also embed identification and access control technology so that your wearable can also serve as:
- Ticket for a Sporting, Theater or Special Event
- Room Key
- VIP Pass
- Location Tracker
...and much more.
Wearables Programs For Your Business
"Wearables" are the physical items that your program lives on. But what kind of wearables program would work best for your business?
As a modern prepaid program manager and debit program manager, we can build almost any kind of payment account into your wearable device. That means you can choose from...
- General Purpose Reloadable (GPR) Card Programs
- Guaranteed Profit GPR Card Programs
- Friendspend Rewards Prepaid Card Programs
- Debit Card Programs
- Payroll Card Programs
And of course, every one of our Wearable Programs comes with whichever prepaid program services you choose, including our 24/7/365 Call Center, Regulatory Compliance for Card Programs, Debit and Prepaid CIP Program, Fraud Mitigation, and Fraud Loss Protection.
Contact Your New Program Manager
Getting started with Cascade is easy. Let’s talk and see how we can work together to build the Prepaid Program you need. Just Ask.
For Wearables to function as a contactless payment device, they need an NFC payment chip and the payment engine behind it. That is what Cascade provides.
Our wearables experts will help you select or design a wearable in the perfect form for your program and target market. Then, using our banking platform, we connect your customer’s accounts to the device for payments. Our payment accounts function like any standard account; only you don’t need a plastic card.
Enter The Era Of Wearables Today
Cascade is an end-to-end debit and prepaid Wearables provider. From designing and manufacturing the device to setting up the payment platform to process contactless payments and providing world-class customer service and everything in between. Cascade, offers responsive program management services. We can build you almost any type of program in a variety of wearable form factors. All we need to know is what you want. In other words, Just ask!
Are you ready to enter the Era of Wearables with contactless payments and access control with your wearables program? Let’s talk. One of our Wearables experts will work with you to design a Wearables prepaid program that works for your business, organization, event or brand. Call us at 702-745-3065 or contact us today.