CSI Enterprises, an electronic payment solutions provider, and Jonas Club Software have collaborated to bring out the globalVCard for Jonas users.
This virtual card payment system, brought about by the partnership between CSI and Jonas, facilitates the automation of payments while doing away with expensive paper cheques.
With globalVCard becoming the payment mode within Jonas Club Management software system, customers have the luxury of paying vendors using a secure, convenient, single-use virtual card number.
Jim Fedigan, President of Jonas Club Software, said: "We are always seeking to introduce new tools that will help our clients achieve greater levels of success by improving efficiencies and generating new revenues. Our partnership with CSI promises to bring not only significant cost savings and efficiencies, but also assurance that our clients benefit from the extraordinary level of customer service that CSI extends to all of its clients."
The main benefits that this union brings to clients of Jonas Software are security, cost savings, speed and revenue.
Security is of paramount importance as the card is valid till the completion of a single transaction. The single-use credit card number becomes null and void once the transaction is made, thus eliminating the risk of hacking.
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The cards also save on costs by doing away with paper cheques and expenses incurred due on them. Each cheque is estimated to cost $20. Complete automation of payments expedites the process, eliminating manual error. Finally, these virtual card transactions help customers earn monthly cash back rewards.