Prepaid Card Applications

The Prepaid Card Applications module provides comprehensive management of prepaid card products, including anonymous and registered cards, wallet operations, balance management, and multi-currency support.

Prepaid Card Technologies

Supported card technologies: - Contact EMV: Chip-based secure transactions - Contactless: NFC-enabled tap payments - Magnetic Stripe: Legacy compatibility - Virtual Cards: Digital-only for e-commerce - HCE/Tokenized: Mobile wallet integration

Card Creation

Bulk No-Name Card Creation (Anonymous)

Mass production of anonymous cards: - Pre-printed without cardholder data - Stock management by batch - Dealer allocation and tracking - Activation upon first use or registration

Creating a Singular Named Card

Individual card issuance with: - Customer data collection - KYC verification - Personalized embossing - Direct delivery to customer

Bulk Named Card Creation

Corporate program card production: - Employee data file upload - Batch personalization - Centralized distribution - Activation management

PIN Management

Feature	Description
PIN Generation	Secure random PIN creation
PIN Delivery	SMS, IVR, ATM, PIN mailer
PIN Change	Customer-initiated via channels
PIN Reset	Operator-assisted with verification
PIN Retry	Configurable retry limits

Card Registration

Registration Levels

Level	Description	Limits
Anonymous	No customer data	Lowest limits
Basic	Minimal verification	Medium limits
Full KYC	Complete verification	Highest limits

Registration Process

1. Customer initiates registration
2. Personal data collection
3. Identity verification
4. Document upload (if required)
5. Card upgrade to registered status
6. Limit increase activation

Customer Acquisitions

Customer onboarding for prepaid cards: - Simplified application process - Digital onboarding support - Minimal documentation for basic cards - Full KYC for higher-tier cards

Wallet & Balance Management

Wallet

Multi-wallet architecture: - Primary spending wallet - Savings/reserved wallet - Purpose-specific wallets (meal, transport) - Currency-specific wallets

Balance

Real-time balance features: - Current available balance - Pending transaction holds - Reserved amounts - Multi-currency balances

Balance Uploads

Upload Methods

Method	Description
Bank Transfer	Direct bank account transfer
Cash Deposit	At branch or partner locations
Card-to-Card	From another card
Auto Reload	Scheduled automatic loading
Corporate Load	Bulk employer deposits

Upload Limits

• Per-transaction limits
• Daily limits
• Monthly limits
• Annual limits (regulatory)

Balance Transfers

Transfer Types

• Card-to-card transfer
• Wallet-to-wallet (same card)
• P2P transfers
• Refund to source

Transfer Controls

• Recipient verification
• Transfer limits
• Fee application
• Real-time notifications

Limits

Anonymous Card Limits

Restricted limits for non-verified cards: - Low balance ceiling - Limited transaction amounts - Restricted usage channels - No international transactions

Registered Card Limits

Enhanced limits after verification: - Higher balance ceiling - Increased transaction limits - All channel access - International capability

Customer Card Limits

Full-featured limits: - Maximum balance capacity - Highest transaction limits - Premium channel access - Cross-border transactions

Virtual Card Limits

E-commerce focused limits: - Transaction-specific - Time-bound validity - Single-use options - Merchant category restrictions

Prepaid Card Transactions

Supported transaction types: | Transaction | Description | |-------------|-------------| | Purchase | Retail POS transactions | | E-Commerce | Online purchases | | ATM Withdrawal | Cash access (if enabled) | | Balance Inquiry | Available balance check | | Contactless | NFC tap payments | | Recurring | Subscription payments | | Refund | Merchant-initiated returns |

Notifications

Event	Notification
Balance Load	SMS/Push confirmation
Transaction	Real-time alert
Low Balance	Warning notification
Card Activation	Welcome message
Limit Change	Update notification
Expiry Reminder	Advance warning

Reporting

Operational Reports

• Card stock status
• Activation statistics
• Balance distribution
• Transaction volumes

Financial Reports

• Load/spend analysis
• Fee revenue
• Dormant card balances
• Escheatment reports

Regulatory Reports

• KYC compliance status
• Transaction monitoring
• Suspicious activity
• Balance limits compliance