Just-in-time card production will increase flexibility, allowing for swifter fulfillment for prepaid customers
Arroweye Solutions, the only digital On-Demand payment technology firm, has been selected to provide EMV prepaid cards for The Card Collaborative International (TCCI). The flexibility of Arroweye’s Digital On-Demand model allows for better responsiveness to customer needs, and ensures that TCCI can better serve its clients, and slash lead times by putting cards in customers’ hands in days, not weeks.
“The flexibility Arroweye provides gives us a competitive advantage and enriches our clients’ experience,” said Shawn Carden, president of TCCI. “Arroweye’s agile solution helps us provide unmatched service to our clients, which is one of the many benefits of the partnership. The zero inventory model eliminates unwanted inventory and cuts costs, both important factors for our organization.”
“Arroweye’s state-of-the-art technology will help make TCCI a key player in the prepaid EMV field,” said Render Dahiya, Arroweye CEO. “By using our patented, 100 percent on-demand solution for its EMV card production and fulfillment, TCCI gains piece of mind that comes with partnering with an innovative company like Arroweye and ensures that their growing prepaid business will continue to thrive.”
Arroweye’s Digital On-Demand production is the only in the industry, and helps customers respond to the changing needs of the marketplace. The patented technology is a departure from the traditional model, and produces cards in a fraction of the industry standard, keeping inventory current and eliminating waste from outdated cards.
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About Arroweye
Arroweye is a leading, single-source provider of innovative card marketing and production solutions for the payment card industry. The company’s digital on-demand technology creates a more efficient and cost-effective model for card marketers and issuers, giving them a highly customizable solution to increase their program’s speed to market, adoption rates and profitability. Founded in 2000, Arroweye offers the first fully-digital card solution approved by Visa, MasterCard, American Express and Discover and continues to partner with some of the largest prepaid, credit/debit card programs in the financial and card services industries. For more information, visit www.arroweye.com.
About TCCI
The Card Collaborative International, LLC is comprised of long-term professionals from the Prepaid Card Industry. TCCI is a shared services organization that offers its member companies a highly skilled, knowledgeable, back office organization that manages compliance, settlement, risk, project management, and vendor relationships. Member companies also enjoy massive cost savings by sharing the basic costs of program management. These costs include back office expenses, issuing bank minimums, processor minimums, call center minimums, as well as all related implementation fees. TCCI’s structure allows members to achieve economies of scale quickly thus reducing each member’s break-even point and time to profitability. For more information, visit www.tccipayments.com.
