In a mere six months since its launch, Parago's proprietary prepaid reward ordering portal, PROP™, has attracted dozens of new clients, and has distributed 500,000 Visa prepaid cards totaling $20 million in issued or loaded funds.
PROP, an acronym for Parago Reward Ordering Portal, provides large organizations a central destination for ordering, loading, activating and customizing prepaid cards for incentives and rewards. The one-stop online destination is a customizable portal that makes the prepaid incentive procurement simple for every business department. Whether it is a short run of cards used by HR for employee recognition or sales spiffs, or thousands of cards for a large-scale consumer incentive program, PROP enables all departments within an enterprise to order prepaid incentives through a few quick clicks.
Says PROP client said Anton Pomakov, Senior VP, Marketing with Silverleaf Resorts: “prepaid cards have long been a reward in our toolbox at Silverleaf, for both customers and employees. Now, with PROP from Parago, we are able to easily order cards from our custom catalog – across the organization – simply and hassle-free. The portal works for all of our applications – we can order one or many cards, reload and activate all in one site, any time of day. The flexibility PROP provides is great for our business.”