Axiom’s Prepaid Card Solutions are Just What the Millennials Want
Axiom Prepaid Holdings, LLC, the leading international provider of new generation, prepaid white label solutions, has actively promoted new ways of banking by catering to the existing market demands. The millennials are a major market force which has redefined the way services are designed and offered. For the millennials, Axiom has two solutions that match their digital lifestyle, the EuroPYM and Ripae prepaid cards.
The millennials comprise over 80 million people born between 1981-2005, and who are about to reach their peak earning years by the year 2020. This is the digital generation that loves to do everything on mobile phone and the internet. The same applies to their preferences in banking and financial services.
As per reports, by 2018 around 55% of the millennials were unbanked, and around 17% did not have an institutional savings or checking account. This huge segment of the millennials prefers not to use checks, credit cards, or loans and institutional ways to transact. Axiom’s prepaid Visa and prepaid Mastercard solutions fit perfectly with the unbanked portions of millennials, which could be as much as 71%.
In terms of features, the millennials are known to like real time data for their transactions that are mostly electronic. They like a hassle free experience, and prefer personalization that is cool and interesting. The millennials also like to have control over account information and it should be communicated.
“Axioms prepaid Visa and Mastercard solutions are extremely flexible, customizable and cater to the fast, easy and convenient expectations of the millennials. The EuroPYM and Ripae prepaid cards have exactly the features the digital natives love,” said Steven Foster, President, Axiom Prepaid Holdings.
The Ripae Visa Prepaid Card makes financial transactions as easy as picking up groceries, and can be refilled from any Visa ReadyLink ATM. The virtual card solution is operational from day one, and can be used on mobiles and desktops, with real time information available at the fingertips. Ripae and EuroPYM users can also earn money be referring their friends.
The EuroPYM® Prepaid Mastercard® is fast, secure and completely hassle-free. Users can manage their budgets, shop at millions of stores around the world, and get the card refilled directly with paycheck by using their IBAN/BIC number (in European Economic Area). Peer to peer money transfer allows easily transferring money to friends or family.
Both Ripae and EuroPYM prepaid cards are great alternatives for millennials and do away with the need for cash, checks, credit cards or vouchers. With Axiom’s support and initiative, they are taking the world to a better future.
About Axiom Prepaid Holdings
Axiom Prepaid Holdings (APH) is a global independently owned prepaid card issuing firm that works with many of today’s high-prole FinTech organizations through innovative and cost-effective white label solutions. Established by Steven Foster & Steve Urry; experts in processing and managing credit card payments, debit card payments, global pre-paid card issuing programs, and other various banking solutions, APH enables FinTech companies to discover breakthrough innovations through a strategic and advanced technology that allows them to achieve a fully customized prepaid solution.
To learn more about Axiom Prepaid Holdings, please visit: www.axiompph.com
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Company Name: Axiom Prepaid Holdings Italy, SRL
Contact Person: Alessandro Esposito
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Phone: +390236311735
Country: Italy
Website: www.axiompph.com
