Ask AI on The Internet
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?
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.
Jan. 18, 2023, 1:42 p.m.
A new large language model has been made available since this question was asked.
To generate an updated answer from the new model, click the button below.
Think your answer is better than the AI's? Post it below.
If you want your question answered by an AI, click here.
Post your own comment: