SCFR ‘s M-Cash™ “no cash” funding gateway will represent an alternative to cash for many types of customers, primarily the 25% of US households, accounting for nearly 43 MLN of under banked people.
Reloadable pre-paid cards provide security, credit-building initiatives and convenience to consumers who lack full access to traditional checking and savings accounts.
However, prepaid card are currently limited to cash and credit re-load options. $SCFR M-Cash™ will attract consumers with the convenience of facilitating a cashless reload, representing an alternative to cash for many customers.