General Purpose
Reloadable
Aimed at unbanked market segments such as middle to low-income individuals, and teenagers, allowing them to secure/reload cash, make purchases and payments, withdraw cash, transfer funds and perform other transactions via digital channels safely and conveniently.
Features
- Does not require a bank account
- A good substitute for cash
- Can be reloaded at any time
- Can be issued under private or widely accepted brand names and used at popular commercial payment networks
- Can be issued personalised or not
- Expiration date can be set by the issuer
Co-branded cards with features that can be tailored to a company’s needs, such as:
- Payment for services
- Airtime purchases
- Microloan payments
User Benefits
- Funds available immediately
- Reduce risks associated with handling cash
- Ability to make transactions at points of sale, ATMs, and other electronic channels such as e-commerce and SMS
- Allows for recurring payments via direct debit
- Can be locked in case of theft or loss
- Funds transfer from one card to another, via Internet or text message
- 24x7x365 access to call center and online balances and transactions
- Verifiable cashflow history can be used as a reference when applying for credit
