Imagine having a fully functional MasterCard® Prepaid card that pays itself..
Unlike other CreditCards & DebitCards, the Juugocard actually pays itself.
No monthly financial burdens for you to fulfill, no required traditional bank transfers.
It simply said, gets loaded through purchases...
We have people that uses their cards on a daily basis, without ever having made a single deposit on it. Thats how powerful the Juugocard is.
Of course it's still posible to load the card through traditional methods, should you want to do that. You can also send funds INSTANTLY, ANYWHERE in the world to other Juugo Card holders, and that for sure beats other transfer solutions available.
Juugo also uses this solution for commission payouts, since paying distributors, agents or reps across international borders creates its own set of difficulties. The principal method of payment in this scenario is by wire transfer. Wire transfers can be expensive and can take days to post to the payee's account, and the payee must possess a bank account. What's more, transferring foreign funds into local banks may require import/export documentation and may trigger certain tax considerations in certain countries. Furthermore, once repatriated, the payee's funds may not enjoy the liquidity of the originating currency.
The Juugo Card solves all these issues, and all Juugo distributors get the Prepaid MasterCard® card included in one of the two optional business packages. With the Juugo Card you get easy access to your sales commissions, and can use your card in any ATM or POS where MasterCard® is accepted, including all usage on the internet.
Global payments easy as 1,2,3, get your's today!