FIS recently launched its ScoreCard Prepaid Rewards program, which will allow consumers to earn rewards points for using prepaid cards.

The ScoreCard program provides card issuers with a way to attract and retain consumers. The program is designed to increase transactions, market share, and profitability on existing and new card accounts the company says. By rewarding card usage and desired payment choice with merchandise awards, cardholders are motivated to choose their prepaid card first for everyday spending and major purchases. Card portfolios become more profitable from increased transaction revenue and the effects of longer-term account relationships. Cardholders accumulate ScoreCard Prepaid Rewards Bonus Points for every net dollar spent on qualifying purchases when their card is used for everyday transactions, as well as large purchases.