Thats because retail is in our dna no one in our competitive set knows it better than we do. Private label credit card.
A private label credit card is a type of revolving credit plan managed by.
Private label credit card. Our private label credit cards are store branded and accepted in participating locations. Following are some features that corecards solution provides. With a private label program you fund and own the receivables but pay no discount fee as is done with bank credit card acceptance.
A private label credit card is a store branded credit card that can only be used at that store. 10th edition report has been added to research and markets offering. The card is branded for that specific retailer manufacturer or independent dealer.
From application through issuance and transaction processing to account lifecycle management and collections our industry leading private label credit card plc solutions are tailored for you and your retail customers. Private label credit card. The private label card difference is that these transactions occur in a closed loop and are designed to increase sales and enhance customer loyalty rather than focusing on the credit feature as a profit center.
If the retailer does not manage the private label card a third party issues the cards and collects the payments from cardholders. Private label credit solution features. The card is just the beginning.
Since day one weve been the experts at private label credit tailoring branded programs for some of the worlds top brands. They provide flexible in store payment options with an accord d financing limit. Private label credit cards are cards branded for a specific retailer independent dealer or manufacturer.
Many companies however choose to issue their own credit cards rather than accept any of the major labels. The private label credit card purchase value to grow at an average annual rate. Cards to help you finance your projects.
These are called private label credit cards and they can be used only at the particular store that issued them. New account processing browser or bulk loading optional bureau interfac. The private label credit cards in the us.