A new type of purchasing card.
For more information about TRANSAXION ACCOUNT CARD as described below, please download the factsheet or full brochure or call us:
- In the UK call: 0800 085 9916
- In all other international territories call: + 44 121 410 4100
- Or email: enquiries.uk@fnis.com
On this page:
TRANSAXION ACCOUNT CARD
The Transaxion Account Card is a new type of purchasing card, and is revolutionary. It enables your cash sale and credit account customers to buy from you much more easily with your own branded purchasing card. There is no need for cash.
And when you give them credit, it increases trade ... without risk! If they don't pay you, we will.
The cards can be branded with your own logo and design scheme.
Your customer can nominate certain employees to make purchases from you for their business. This is the ideal solution for your customers who need to buy from you regularly.
Making the buying process easier for your existing customers will generate incremental sales for you.
It will also help to convert transient cash sale customers into loyal account holders with a regular spend.
From the account application, to credit vetting, to the billing for each and every purchasing transaction, to sending out the monthly statement and even to collecting the payment, we conduct the whole process on your behalf.
And because its risk free, it is also stress free!
Other benefits include a reduction in debtor days, a reduction in credit vetting costs, a reduction in debt collection costs. You will see an increase in your credit customer base and an increase in sales.
Transaxion Account Card services can be modular – providing inherent flexibility to build the optimum solution to meet your financial and operational requirements.
How Account Card works
The Account Card Service can include the following:
- Application form – we process, score and allocate a monthly credit limit.
- Card issue – direct to your customer.
- Transaction authorisation – account credit limit and risk management performed with multiple access methods, at the time of each and every purchase.
- Monthly statements – generated and sent to your customer.
- Account holder payment – total monthly expenditure will be collected by direct debit.
- Payment to you – at an agreed date after account holder payment is received.
- Direct Debit – submission and management of direct debits on your behalf.
- Management information – comprehensive reporting.
What this means for you
- Incremental sales (and profits) will increase
- Conversion of transient cash sale customers into loyal account holders with a regular spends
- Increased flexibility with regard to credit limit allocation
- Complements your existing credit control processes
- Allows your credit control staff to focus on key accounts and more business critical issues
- Reduction of the costs and time associated with credit vetting Reduced debtor days
- Peace of mind
- Account Card can be flexible – you can chose the elements of the service that you need us to carry out on your behalf
What is included with the Account Card service
- Full card design and production
- Project management support to assist with service implementation
- Design and production of branded application forms and customer statements
- Web based management information
- We collect the payment on your behalf, and will continue to collect even if a direct debit is rejected
- Reduces costs, streamlines credit control procedures, increases trade...without risk!
(Account Card is also available without risk indemnity)
Call us today to find out how we can design a unique sales generating solution for your business.
» Contact the Sales Department