Money Talks: A Conversation about Official Prepaid

By M.Christian

YNOT – Commerce has driven the web almost since its inception, thanks in large part to the adult entertainment industry. Often credited with developing the first e-commerce website, in the web’s early days the rapidly evolving adult online industry drove increasing innovation from the financial sector. As a result, banks, credit-card companies, gateway services and third-party processors also evolved, for everyone’s benefit.

The evolution hasn’t stopped. Just ask Official Prepaid, a division of Intercash Europe.

An international provider of prepaid cards and online payment solutions in multiple currencies, Intercash recently launched a new program designed to allow online merchants to offer their affiliates a prepaid solution without minimum card purchase requirements. The “zero-fee” program gives companies flexibility when it comes to delivering prepaid cards to their clients.

YNOT.com spoke with co-founder Dan Segev about what Intercash products can offer adult entertainment merchants and cardholders.

YNOT: How would you describe Official Prepaid to someone who is unfamiliar with who you are and what you offer?
Segev: Official Prepaid is a division of Intercash, which has been a leading provider of prepaid card and online payment solutions since 2002. With the power of innovative technology, our top-of-the-line services facilitate global cash management for companies throughout the world. Intercash facilitates payments in multiple forms and currencies.

What kinds of services does Intercash offer?
We pioneered the prepaid card industry in Canada and have 10 years’ experience deploying card programs and payment solutions for corporations and industries throughout the world: e-commerce, internet sites, credit unions and more. Intercash products and services include prepaid card programs, licensed banking software, and international check and EFT services.

Why prepaid cards?
Prepaid cards are the ideal electronic payment solution for a diverse range of industries and corporations. Intercash prepaid card programs offer full turn-key and customized solutions, facilitating international funds disbursement primarily for e-commerce and internet businesses. We currently offer tailored card programs and features for different online verticals, mainly for online gaming and affiliate payments in the adult industry.

What sets you apart from similar companies?
Since the beginning, we have worked hard to create secure systems to protect settlement funds for merchants and cardholders. Our secure and solid online banking systems, PrepaidGate™ and Cardportal, coupled with our extensive European banking partnerships, enable us to easily accommodate high volumes of transactions and tailor the best possible payment solutions for client companies.

What do you see in the future for your company and the world of internet banking at large?
With the rapid growth of the prepaid industry, Intercash has established itself as a global leader. We will continue to grow and solidify our relationships and level of service to both existing and new clients. Our goal is to dominate the industry as the leading provider and innovator of global electronic payment solutions and online transaction services both in Europe and internationally.

For more information, visit OfficialPrepaid.com.