WRL releases Select Spend Product
WRL is offering three types of SelectSpend products: Private, Geo-targeted and Category. The Private card limits purchasing to one or more specific merchants and is ideal for programs where the desired merchants are set up on different Point-of-Sale (POS) terminals such as a mall or entertainment venues. SelectSpend Geo is limited to specific zip codes in the United States and is perfect for community incentive programs to draw consumer spending to a desired shopping region.
Finally, WRL is offering the Category card with five predesigned prepaid cards that limit the spending to applicable merchants within those categories. These cards are ideal for shaping purchasing behavior and are less expensive than our standard open-loop reward cards.
For use at gas and service stations
Use at any entertainment or recreational venue including movie theaters, bowling alleys, amusement parks, sporting events, concerts, and theatrical productions
R&R Card (Rest & Relaxation)
For use at merchants classified in the health and beauty category such as spas, beauty salons, and massage parlors
For use at golf courses both public and private, as well as sporting good stores that sell golf related products
Use at any travel related merchant including airlines, hotels, car rentals, taxis, limousines, and public transportation.
“We are excited to offer reward cards that will help users to relax, travel or enjoy time with friends and family, said Jason Wolfe, CEO of Omni Prepaid, LLC. Reward cards were built for recipients to spend money on themselves and SelectSpend will drive them towards a true reward.”