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Personal Financial Tools
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Business Solutions
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New Technologies
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Consulting
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Home Business Payment Solutions Cash Management Benefits
Cash Management Benefits
Increase Float -
In seven years of on-stream operation, a significant percentage of all
funds loaded to active ReadyCash® cards have remained as deposits
in the account - dramatically increasing total float. This is because
cardholders, especially in cash economies, leave funds on the card for
use as debit card merchant payments and as a savings account.
Single Account -
A single in-country account may be used to manage all cash flows within
a country. This generates higher yields on funds that are left in country,
as well as the ability to move currency to safer or more profitable
investments and other cash-management treasury functions. For our
ReadyCash® MasterCard® debit component, a single U.S.-based settlement
account can handle payments to distributors worldwide.
Daily Reporting for Company Headquarters -
The ReadyCash® card system enables centralized data management with
all global transaction data available at the end of each day. Detailed sales
and receipt reports can be automatically uploaded daily to a central server.
Corporate Payments -
ReadyCash® can be deployed as an in-house corporate payment and cash
management system.
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