OnePurse™, a module of the OneLoyalty™ application suite, is a comprehensive, flexible and cost effective stored value application that enables businesses of all sizes to issue, operate and manage chip-based prepaid / gift card (stored value card) programs, with options to integrate with loyalty and targeted marketing programs.
OnePurse™ also provides organizers of events and festivals as well as promoters, not just a cost effective tool that greatly simplifies administrative and operational procedures, but a powerful communication medium with a high impact on the card issuer's brand and corporate image.
OnePurse™ is designed to work in an offline mode with contact and/or contactless chip card. It supports both reloadable and non-reloadable (disposable) card programs.
OnePurse™ supports 2 types of stored value: • Electronic cash (e-cash) - works as cash, allowing cardholders to pay for their purchases at participating merchants
• Electronic coupon (e-coupon) - represents a prepaid entitlement, such as movie ticket, food, beverage, bowling game, massage, etc.
OnePurse™ enables businesses or merchants run their own prepaid / gift card (stored value card) programs, such as: • Daily spend card - for card purchasers' own use, e.g. spend at food courts, beauty salons, etc.
• Consumer gift card - for consumer customers to give to their friends and loved ones for practically any occasion
(birthdays, anniversaries, festive seasons, etc)
• Corporate gift card - for companies to give away as gifts, e.g. during conference, anniversary, festive seasons, etc.
• Corporate incentive card - for sales incentives, employee recognition, etc.
OnePurse™ supports the following functions: • Issuance
• Registration
• Sales and distribution
• Acquiring
• Disposable and reloadable card
• Preload, reload and unload
• Clearing and settlement
• Fraud monitoring and detection
• Operational and MIS reports
OnePurse™ is provided by OneEmpower in the form of software licensing or application hosting services.
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