Berkeley payment solutions was founded in 2006 in North America to deliver MasterCard and Visa prepaid card programs for governments, financial institutions and corporations. It offers an extensive suite of services including product development, program management, IT consulting, accounting, reporting, integration, card design, processing and card fulfillment. It serves major government clients and over 500 corporate (like Nissan, Yamaha, Adidas, HP, HSBC, Revlon etc.) in North America spanning all industries and business functions.
Prepaid Visa and MasterCard programs provided by Berkeley have large number of uses such as:
Berkeley payments solutions provide both reloadable and non-reloadable card programs. It`s reorder rate is approximately 97% because its solutions deliver business results for its clients. It also provides a number of reporting options to help its clients track and measure the success of each program. It provides flexible platform for its solutions which can be easily integrated with client`s existing systems. Some of its competitors in this industry are Green Dot, EntroPay etc.
By adopting use of these prepaid Visa cards, companies are able to increase program participation and motivate participants to exceed program goals. It`s clients result include increased marketing return on investment, significant increase in sales, enhanced employee motivation and enhanced employee retention.
Successful Programs implemented by Berkeley payments solutions:
- Nissan Canada in association with Berkeley payments solutions started ‘Nissan Rogue Test Drive Direct-Mail’ program to reward customers invited for test drive of Nissan Rogue with Nissan prepaid Visa card. They also started ‘Bonus Days’ program which gave customers to choose either Nissan-branded prepaid Visa gift card or a rebate upon the purchase of one of four Nissan vehicles.
- Berkeley successfully implemented ‘LG shine prepaid visa campaign’ with LG Canada which issued reloadable prepaid Visa cards to more than 1500 retail sales associates. This program incentivized national sales team to both implement and communicate to dealer sales associates.
Berkeley Payment Solutions has also partnered with ‘Scotiabank’ which is a leading multinational service provider and Canada`s most reputed international bank. By 2011, it had 17 employees. It is headquartered in Toronto headed by its chief executive officer Mr. David Eason. In 2013, Berkeley is ranked #26 in the Profit 500 of Canada’s fastest growing companies, and in 2012, Berkeley was also ranked #26 in the Profit 200 list.