New Merchant - Splash Plastic Prepaid Debit Cards

[Andrew Copeland]

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Hi,

I am pleased to announce the launch of the Splash Plastic program on Webgains.

Splash Plastic is the UK's first and original reloadable Chip & PIN prepaid Maestro® debit and MasterCard.

It works in the same way as a pay as you go phone; you can top it up with cash at over 34,000 locations nationwide, have your wages paid directly from your employer or transfer money from a bank account to your prepaid card. Spend without fear of debt or fraud at millions of retailers online or on the high street. Maestro is the most widely accepted payment brand across the UK.

With your Splash Plastic Card, you can get the following benefits:

• No risk of debt - spend only what you have
• No credit check or bank account required. 100% approval of all applicants above the age of 10 (Below 14 need parental consent)
• Shop anywhere in the world where Maestro® is accepted - on the Internet, over the phone and on the high street
• Shop securely with Chip and PIN
• 24/7 balance enquiry phone line and online account management
• Top Up at any Post Office® branch or PayPoint outlet, over 34,000 locations across the UK
• Top Up online with a credit or debit card
• Have your wages paid directly to your card by your employer for FREE!
• Transfer money from any bank account to your card for FREE!
• For your protection a maximum £3,500 card balance is allowed at any one time

Commission:

£2 per activated card.
Please note: a card is deemed to be activated once a user has received it and paid in the necessary activation deposit.

To join this program, please visit the signup link

If you have any questions please feel free to contact me.

[KieronD]

£2 per activated card.

Ouch! £2 only? Is it me of have commissions for credit cards gone down the pan lately? And before anyonw says anything I know this isn't an actual "credit card".

Anyway, I own a credit card site but I really don't think I can be bothered to go through all the hassle of building new pages and adding this new product into tables etc. All for the sake of £2 commission.

Couldn't they do better than this?

[amitsharma]

Ouch! £2 only? Is it me of have commissions for credit cards gone down the pan lately? And before anyonw says anything I know this isn't an actual "credit card".

Anyway, I own a credit card site but I really don't think I can be bothered to go through all the hassle of building new pages and adding this new product into tables etc. All for the sake of £2 commission.

Couldn't they do better than this?

Hi Kieron,
I feel your pain. What you have to remember is that prepaid cards have excellent market potential but the keyword here is "potential".

Before I provide you with a bit of marketing spiel about the "potential" market (its in my contract that I must ) let me just give you an idea of what the £2 CPA represents

A credit card company provides you with a CPA ranging between £7.50 - £20. You direct traffic to them. 3 million people were rejected for a credit card in the last 6 months alone (figures on moneyexpert) and the majority of that rejection is 25-34. Compare that with the Splash Plastic Prepaid Card which has an approval rate of 98% in the last 7 years.

So the question really is, how much traffic, how many sales do you need to send to a credit card company to reach the "promised land" and how does that compare with a prepaid card?

....and now for the spiel about who you can target with a prepaid card

Splash Plastic™ has numerous uses as:

• an Everyday convenience card for those who
  
• don’t have a bank account and need a home for their money
• are newcomers to the UK, don’t have a credit rating and need plastic
• are going abroad and prefer to carry cash on a card