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Kwik-Card™Centralize Your Payment Process

Overview
Industry Impact
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Overview

Kwik-Card allows loan originators to efficiently centralize the payment process across multiple branches. Branch managers can have real-time visibility into cash inflows and outflows leading to better working capital management. A single point of payment administration provides audit and control. With Kwik-Card, loan proceeds can be funded via a Visa or Master-Card branded stored value card in lieu of cash or check.

Kwik-Card Features

Feature	Benefit
Loan Disbursement	Disburse loan proceeds, payroll, incentives, etc. through ATM/Cash Cards. Receive loan payments from the cards too. The use of the ATM/Cash cards reduces operating costs and lead to more efficient operations. It also brings pride and uplifts the dignity of the poor and micro entrepreneurs through modern and better services.
PIN-Less Debit Card Processing	Provides merchants in selected industries with the ability to accept ATM cards as the payment method for non-face-to-face purchases by consumers. Unlike traditional card-present debit processing, PIN-Less does not require the use of a PIN. The online debit networks offer this capability to highly regulated industries such as utilities, telecommunications, insurance, cable/satellite, government, education and financial services.
Branded MasterCard®	The MasterCard®, MasterCard Electronic, Maestro®, and Cirrus® Brand Marks are among the most recognizable consumer brands in the world. The Sallie Mae Debit MasterCard card offers so many advantages to refund disbursement customers: Services provided at no cost to the business office It is accepted anywhere MasterCard® debit cards are accepted The debit card can be used at any of the 35,000 Allpoint surcharge-free ATMs nationwide Lenders can reload the same card with future loan disbursements