For Public Sector
In today's challenging environment, the inefficiency and costs of paper based payment systems are a significant burden on an organization's resources and bottom line. As leaders of government agencies, educational institutions and other public organizations look to reduce expenses across their operations, electronic payment methods have become an increasingly attractive solution.
Citi Prepaid Services has revolutionized payment delivery across the public sector, transforming paper dependent programs into comprehensive electronic solutions for government agencies at all levels. Our payment solutions have helped agencies achieve significant efficiencies by eliminating the costs and streamlining the resources associated with check issuance, delivery and maintenance. In addition, our solutions create a positive user experience by providing beneficiaries with enhanced flexibility, accessibility and control.
As a pioneer in the public sector space, Citi Prepaid Services understands the payment challenges facing government agencies globally. As such, we have developed a number of prepaid solutions specifically designed to meet your organizations' payment delivery needs including:
Benefits to your organization
- Financial Inclusion. Making payments to the unbanked population brings them closer to your organization and the banking industry.
- Eliminated Costs. No more costs to produce, distribute or manage paper checks.
- Added Efficiency. Reduced administrative demands with a proven partner and process.
- Total Support. Dedicated team to efficiently manage and optimize your program.
- Better Tracking. Robust reporting to reduce fraud and enhance optimization.
- Full Customization. Ability to fully customize your organization's program materials and messaging.
- Reliable Solution. An automated solution from one of the world's premier financial institutions.
Benefits to payment recipients
- Financial Inclusion. Unbanked payment recipients are brought closer to the banking industry.
- Flexible Access. Access at more than 25 million retailers worldwide and online, and over a million ATMs worldwide. Plus, payments can be made from the card to a bank account.
- Purchasing Power. Free purchases at retail locations worldwide and online.
- Greater Convenience. No more bank lines to deposit or cash checks.
- 24/7 Support. Phone and email multilingual Customer Support.
- Faster Delivery. Payments are delivered dependably and directly to their card.
- Reusable Card. A reloadable card for ongoing payments.
- Reduced Costs. No more check-cashing fees that are typically five percent or higher .
- Added Security. Continuous account fraud monitoring and mobile phone/email alerts.
- Better Control. Free, robust online account management platform.
- Enhanced updates. Free account alerts via text message or email.
