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Question: How do I establish a church, as a bank, which can store the donations onto a debit card, which gives 10% Cashback to the cardholder, store, and the church/account with every use in commerce?

Asked by sidney

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Establishing a church to accept donations and store them on a debit card is not an option that is available to churches. However, if you would like to provide members of the church or those who donate to the church the option of using a debit card, you may want to consider partnering with a financial institution to offer a prepaid card program. With a prepaid card program, individuals can load money onto cards and make purchases with them. Depending on the financial institution, you may be able to negotiate a discount program whereby cardholders can receive cash back on certain purchases. It is important to note, however, that it may not be possible for the church to receive the cash back. Additionally, you will want to ensure that the prepaid card program meets all applicable legal requirements.

Answered by text-davinci-003

Jan. 18, 2023, 1:42 p.m.

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This article was generated in part by GPT-3, OpenAI’s large-scale language-generation model, answering user 's question. Images were generated with OpenAI's AI model, DALL·E 2. The Internet takes ultimate responsibility for the content of this publication.
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Published: Wednesday, January 18, 2023