{"id":10057,"date":"2024-01-26T05:09:58","date_gmt":"2024-01-26T10:09:58","guid":{"rendered":"https:\/\/faisalkhan.com\/?page_id=10057"},"modified":"2024-01-26T05:10:04","modified_gmt":"2024-01-26T10:10:04","slug":"minimum-order-quantity-moq-cards","status":"publish","type":"page","link":"https:\/\/faisalkhan.com\/learn\/payments-wiki\/minimum-order-quantity-moq-cards\/","title":{"rendered":"Minimum Order Quantity (MOQ): Cards"},"content":{"rendered":"\n
Definition:
Minimum Order Quantity (MOQ) refers to the minimum quantity of a financial product or service that must be purchased or transacted by a customer or client. It is a threshold set by financial institutions, businesses, or service providers, and customers are required to meet or exceed this minimum quantity to avail themselves of the product or service. In the context of plastic card issuance, it refers to the minimum number of plastic cards that must be ordered by an entity, such as a bank or business, when requesting the production of debit cards, credit cards, or prepaid cards.<\/p>\n\n\n\n
Usage Context:
MOQ is commonly used in the banking and financial industry in various scenarios, including plastic card issuance:<\/p>\n\n\n\n
Importance:
MOQ for plastic card issuance serves several important purposes in the banking and financial services sector:<\/p>\n\n\n\n
Users:
Users of MOQ for plastic card issuance in the banking and financial services sector include:<\/p>\n\n\n\n
Application:
MOQ for plastic card issuance is applied in the following manner:<\/p>\n\n\n\n
Pros and Cons:
Advantages of MOQ for plastic card issuance:<\/p>\n\n\n\n
Disadvantages:<\/p>\n\n\n\n
Real-World Examples:<\/p>\n\n\n\n
Analogies:
MOQ for plastic card issuance is analogous to minimum batch sizes in manufacturing. Just as manufacturers may require a minimum quantity of items to be produced in a single run to optimize production processes and cost-effectiveness, card manufacturers set MOQs to streamline card production and control expenses for financial institutions and businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"
Definition:Minimum Order Quantity (MOQ) refers to the minimum quantity of a financial product or service that must be purchased or transacted by a customer or client. It is a threshold set by financial institutions, businesses, or service providers, and customers are required to meet or exceed this minimum quantity to avail themselves of the product […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3611,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"blocksy_meta":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable":"
Definition:Minimum Order Quantity (MOQ) refers to the minimum quantity of a financial product or service that must be purchased or transacted by a customer or client. It is a threshold set by financial institutions, businesses, or service providers, and customers are required to meet or exceed this minimum quantity to avail themselves of the product or service. In the context of plastic card issuance, it refers to the minimum number of plastic cards that must be ordered by an entity, such as a bank or business, when requesting the production of debit cards, credit cards, or prepaid cards. Usage Context:MOQ…<\/p>\n","category_list":"","author_info":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable_v2":"
Definition:Minimum Order Quantity (MOQ) refers to the minimum quantity of a financial product or service that must be purchased or transacted by a customer or client. It is a threshold set by financial institutions, businesses, or service providers, and customers are required to meet or exceed this minimum quantity to avail themselves of the product or service. In the context of plastic card issuance, it refers to the minimum number of plastic cards that must be ordered by an entity, such as a bank or business, when requesting the production of debit cards, credit cards, or prepaid cards. Usage Context:MOQ…<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num_v2":"0 comments","yoast_head":"\n