Prepaid Cards — Physical & Virtual
Issue and manage prepaid cards for payroll, incentives, refunds, and controlled expenses. Real‑time spend rules, KYC workflows, and MIS dashboards.
Why Prepaid Cards?
Prepaid cards simplify disbursals and control spending without exposing bank accounts. Use for salaries, field expenses, rewards, and refunds with granular controls.
- • Physical & virtual card issuance
- • API-first platform with web dashboard
- • Instant load/top‑up & card controls
- • Real‑time notifications and statements
Why Anada for Prepaid?
- ✔ BIN partners & bank integrations
- ✔ KYC/CKYC flows (min/full KYC)
- ✔ Spend rules, MCC/category blocks
- ✔ Bulk issuance & payroll APIs
- ✔ T+0/T+1 settlement & rich MIS
Use Cases
Payroll & Payouts
Salary cards for gig/contract staff with instant top‑ups and ATM/POS acceptance.
Expense Control
Trip-wise limits, merchant blocks, and receipt capture for field teams.
Incentives & Rewards
Campaign payouts with branded cards and automated messaging.
Refunds & Credits
Issue instant refunds or credit balances tied to customer identity.
Procurement
Category‑restricted cards for purchases with MCC whitelists.
Developer Wallets
Virtual cards for subscriptions and cloud spends with per‑card limits.
Key Features
Instant Controls
Block/unblock, set limits, region locks, and merchant category rules in real time.
KYC & Onboarding
CKYC/OTP, document capture, and approval queues with audit trails.
Bulk Issuance
CSV/API issuance, card kit printing, and partner branding options.
Realtime Alerts
SMS/Email/WhatsApp alerts for loads, spends, declines, and rule hits.
Statements & MIS
Per‑card and consolidated statements, GST invoices, and exports.
Developer APIs
Issue, load, control, and fetch transactions via secure REST APIs.
How It Works
1) Onboard
Complete KYB/KYC, select BIN partner, and configure branding.
2) Issue
Create physical/virtual cards in bulk or on demand via API.
3) Control
Apply spend limits, MCC rules, geofences, and time windows.
4) Reconcile
Track loads/spends, export MIS, and settle funds per cycle.
Eligibility & Compliance
- • Corporate KYB and program approval
- • User KYC: minimum or full per RBI norms
- • AML screening & transaction monitoring
- • Dispute & chargeback workflows
Pricing & Settlement
Pricing depends on volumes, BIN choice, card type, and controls. Settlements are aligned with partner bank schedules and scheme rules.
Contact sales for slabs, issuance fees, and MDR details.
Prepaid Card FAQs
Are cards international?
Domestic by default; international usage depends on program approval and KYC.
Can I restrict categories?
Yes—use MCC rules, merchant whitelists/blacklists, and spend limits.
Do you support virtual cards?
Yes—instant issuance with card controls and tokenization support.
How do refunds work?
Merchant refunds flow back to the card balance per scheme timelines.
Launch Your Prepaid Program
Issue cards, control spends, and reconcile in real time with Anada’s APIs and dashboard.