Pathward Financial Investor Presentation Deck
DEFINITIONS
Industry Terms
Banking-as-a-Service (BaaS):
Providing financial services and solutions to third parties
to offer through their distribution channels.
Push-to-debit:
The ability to move money directly to an end user. At Meta -
our push-to-debit capabilities are called "Faster Payments".
Meta Financial Group, Inc. (NASDAQ: CASH) | Investor Presentation
Types of Payment Cards
Debit Card:
A type of payment card typically tied to funds held in
a deposit account.
Credit Card:
A type of payment card typically attached to a line of credit
that a user can make purchases against.
Prepaid Card:
A type of payment card that holds a finite amount of funds
and is not directly tied to a bank account or line of credit.
Virtual Card:
A digital counterpart to a payment card, generated with
a unique card number to settle a particular transaction by
an authorized user. These are often used for one-time,
business-to-business payments.
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