Uses and applications of HalCash
SEND MONEY TO INDIVIDUALS
There are many situations in which we may need to send small amounts of money to other people. For example, to contribute to a gift being purchased by someone else, to send a monthly fee to a child studying in another city, to contribute money to a lottery jackpot that a friend is purchasing, to pay an individual for services or for a share of an apartment rental or the gasoline for a joint trip… In short, there are numerous everyday situations in which having HalCash can be of great help, especially when the beneficiary has no bank account or prefers not to share his or her bank account information.
PROMOTIONAL REWARDS
HalCash is a powerful tool that allows you to deliver promotional rewards quickly and efficiently. With HalCash, customers or consumers are rewarded with cash and instant money. This is advantageous both for the customer and for the company, since the participants do not have to wait to receive their rewards and the company is able to promote its brand, and build better relationships with its customers. Learn more here: promotions.
CORPORATE DISBURSEMENTS
In addition to promotional rewards, companies have other situations in their day-to-day business where they need to deliver cash. Per diems for employees working outside of the office, incentives for channel partners, payments to providers who accept only cash or to pay the small expenses normally managed with petty cash are just a few examples where HalCash provides an immediate, simple and effective solution.
REBATE/CASH BACK PROGRAMS
Rebate and cash-back programs are a very effective way to promote a product or service, but tend to be cumbersome to manage due to the paperwork to provide and validate the proof of purchase. In addition, that same paperwork, when viewed from the perspective of the consumer, often discourages the consumer from participating in the redemption of the rebate. HalCash simplifies this task and ensures that the customer always receives instant gratification at the time of the validation, thus avoiding delays in the promised rebate and creating a positive impression about the product being purchased.
WITHDRAWALS FROM MOBILE WALLETS
We use mobile phones for many things, including managing our money and shopping with mobile wallets or similar applications. Although it is easy and comfortable to deposit money into a mobile wallet, it is not very easy to withdraw money from the wallet, especially when we do not want to pay electronically. Integrating HalCash with your mobile wallet provides quick and easy access to cash at any enabled ATM. So yes your phone is really like carrying a wallet with you.
EMERGENCY CASH
There are various programs and aid organisations for whom the ability to send cash quickly, easily, and irrespective of whether the beneficiary has a bank account or credit card is an attractive solution. Examples include sending money to individuals who are travelling, students who are away at school or beneficiaries who are likely to be unbanked, as in groups at a high risk of social exclusion. HalCash provides these groups with a program of emergency cash 24 hours a day, 7 days a week.
INTERNATIONAL REMITTANCES
HalCash is an inexpensive and effective way to send money internationally.
Unlike the usual remittance channels, HalCash does not need to set up new locations for the collection and pay-out of remittances. The issuing bank allows sending money from, for example, your website, while the participating banks’ ATMs become pay-out points. The money is available immediately and can be withdrawn 24/7 at enabled ATMs or point-of-sale terminals.
In addition, international remittance delivery times are the same as domestic: seconds!, i.e. the time it takes to receive an SMS.
GIFT CARDS
A gift card can be helpful when you’re not sure what to give as a gift. The big challenge is choosing which store brand of gift card to buy. But why limit yourself to one store brand? If you send a HalCash the result is the same – giving money so that the recipient can buy what they want, but with the extra freedom that they can also spend it whereever they want. And you do not need to send anyting in the mail if it is for that nephew who lives 200km away or if it is for a large group of customers.
GAMING
HalCash is especially useful for bookmakers, lotteries and gaming operators to offer their customers a payment channel to withdraw the benefits of their game or funds from their accounts immediately, thus avoiding cashier lines, with their extra costs, or transfers, with their waiting time. In addition, the ability to deliver smaller prize amounts through HalCash minimizes the amount of cash the establishments must maintain in their premises, thus reducing the risk of theft.
INCENTIVE OR FIDELIZATION PROGRAMS
Point programs are a good mechanism to involve and reward clients, however, they do not always cover the expectations of everyone, especially those to whom the gifts or advantages offered are not of their interest. With HalCash you can always establish a conversion of accumulated points to cash, thus guaranteeing at least one option that attracts any client, whatever their motivations, ultimately increasing the level of satisfaction of all loyal members. sus intereses.
MICRO-CRÉDITOS
Microcredits, whether between individuals or offered through specialized institutions, are small loans that are useful, simple and quick to get. It is a market that by its very nature can benefit from the essential characteristics of HalCash, allowing borrowers to receive the amount of loans on their mobile phones and immediately withdraw the cash at an enabled ATM or point-of-sale without having a bank account or a credit card. In addition, the cash is available 24 hours a day, seven days a week.
INSURANCE PAYMENTS
HalCash is a highly efficient and practical method for insurance payments. Examples include making small payments or reimbursements of expenses, assistance with travel expenses or simply to pay for the taxi when the car is broken. Whatever the case, and regardless of whether it is day or night, business or leisure, HalCash always provides immediacy, cost savings and most importantly, peace of mind and efficiency for the insured!
