Payment Cards

pension payments

Paying Gig Workers With an Instant Payment Solution

The Gig Revolution Gig workers are driving a new workforce revolution, accounting for $2.7 trillion in annual disbursement volume. Why Does it Matter? Only 17% of platforms are able to pay Gig workers when the work is done, but 84% said they'd do more gig work if they were paid faster. How to Convert Your …

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pension payments

How Pension Funds Can Modernize Ancient and Costly Payment Systems by Switching From Cheques to Prepaid Debit Cards

The age of the monthly pension cheque is over for retirees. Prepaid debit cards, act as a sophisticated alternate payments technology to ancient chequing systems - that are both expensive and hard to control. According to Payments Canada, the cost of issuing a paper cheque can cost between $15-25 per cheque. By migrating towards an …

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what is per diem pay

The Canadian Olympic Committee Partners With Berkeley Payments to Enable Per Diem Payments From One Platform

TORONTO- Berkeley Payment Solutions is proud to work with The Canadian Olympic Committee who leverages our service and solutions to provide their athletes and volunteers with branded reloadable expense cards, providing total oversight and management of allowances and per diem payments from one centralized platform. The travel restrictions imposed world-wide as a result of the …

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Rebate Cards: The Incentive Program Customers Actually Want

Incentivizing customers for first-time or repeat purchases from your business can be difficult. In order to drive effective campaigns, businesses must craft offers to their consumers that both meet their direct needs and include characteristics that set their promotions apart from the competition. In the past, businesses have leveraged coupons to incentivize consumers, however mailing, …

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Prepaid Business Debit Cards: The Key to Expense Management

When businesses delegate corporate expenditures to their team members, there is a lot of trust placed on employees to spend funds as intended. Using a traditional business credit card, businesses are put at risk of overspending, mismanaged funds, or fraud. Alternatively, if businesses require employees to purchase goods on their personal credit cards, reimbursing employees …

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Prepaid Credit Card vs. Credit Card – What is the Difference?

Credit cards have been central to commerce since their popularization in the late 20th century. Credit cards have been historically a product offered by banks to their customers in order to complete purchases and build credit. However, not only have consumers become more aware of the risks associated with using bank-issued credit cards, but new …

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What is a Virtual Card?

As the world’s systems have become increasingly digital, the methods in which companies disburse money are moving online as well. Virtual payment cards are a modern medium for digital payments that provide companies instant and easily manageable alternatives to outdated payment methods like cheques or cash.  In this article we will overview what virtual prepaid …

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