Digital on-demand payment technology firm Arroweye Solutions has been chosen by MetaBank to provide prepaid cards.
Arroweye’s technology produces cards in real time, offers design customization, messaging, co-branding options, as well as lowers lead-time from weeks to days. Its digital on-demand, zero-inventory model will enable greater flexibility compared to traditional production firms, and help the lender serve its customers more effectively by providing prepaid cards to customers in reduced time, the company claims.
MetaBank business solutions senior vice president Whitney Bright said: "As a recognized leader in the banking industry, our continued focus on customers is key to our success, and partnering with Arroweye aligns with that philosophy.
"Arroweye’s just-in-time platform eliminates waste and preprinted inventory, and allows us to respond more quickly to the needs of our strategic customers. The partnership with Arroweye will help prepare us for the unpredictable nature of the business."