Our process is designed to guide you every step of the way. From initial consultation to personalized strategy development.
Lotteries make millions of small payments each year. Many of these payments are to regular players who value getting their money immediately.
VCPayNow pays immediately upon redemption of a winning ticket.
Many tickets are redeemed from out of state or by unbanked or under-banked players. Virtual Cards pays those winners while avoiding the cost,
hassle and risk of handling paper checks.
Lotteries win on every payment by getting cash back. A typical state Lottery could fund a substantial portion of or upgrade its operations from the cash
back alone. Lotteries also have large vendor costs, which can be another source of revenue for the Lottery operation through our cash back payments.
Cities employ thousands of vendors to maintain buildings, roads and vehicles. Vendors can be paid with Virtual Cards making the city a better vendor
partner while you gain colorless funds that can be used to smooth cash flow or act as an rainy day fund.
Vendors get paid immediately instead of waiting for ACHs or checks, helping small businesses who have limited cash flow. Vendors appreciate the rapid
payments and are more likely to do business with the city and offer beneficial terms.
Unlike an ACH or a check, if mistakes happen and duplicate or errant payments are discovered, we can pull money back through the MasterCard™ system,
something that banks cannot do.