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Practo logo
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Products

Prepaid Card
Application

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Issuance Solution

Driving Sustainable Growth in Prepaid Card Solutions

Our prepaid card platform enables banks and financial institutions to issue cost-effective, co-branded cards with ease—expanding their offerings and reaching new customer segments. Designed for security, convenience, and scalability, our solution adapts to changing market needs while ensuring a seamless user experience. Through advanced technology and strategic collaborations, we’re building a strong foundation for long-term growth, focused on compliance, risk management, and delivering consistent value to our partners and stakeholders.

Features

End-to-end Prepaid Card Management

Prepaid Card Issuance

Issue prepaid cards digitally and instantly.

KYC

Perform Know Your Customer (KYC) checks and verification before issuing a card.

Card Personalization

Personalize cards with individualized card details, such as the cardholder's name and card number.

Reconciliation and Settlement

Automate reconciliation and settlement with our APIs.

Chargeback Management

Manage chargebacks and disputes with ease using our APIs.

Regulatory Compliance

Stay compliant with industry regulations and standards with our APIs.

Infrastructure and Business Operations

Automate infrastructure and business operations using our APIs.

Benefits

Benefits of Prepaid Card Issuance

Transaction Limits Management

Manage transaction limits for prepaid cards.

Domestic and International Usage Limits

Set limits for domestic and international usage of prepaid cards.

Prepaid Card Reissuance

Reissue prepaid cards with ease.

ATM PIN Management

Manage ATM PINs for prepaid cards.

Autopay Setup for Prepaid Card

Set up autopay for prepaid cards.

Prepaid Card Upgrade Options

Upgrade prepaid cards to premium or elite status.

Activate/Deactivate Card Usage

Activate or deactivate prepaid cards with ease.

Prepaid Card Issuance Process

Issue prepaid cards with ease.

Block/Unblock Prepaid Card

Block or unblock prepaid cards with ease.

Card Hotlisting Services

Hotlist prepaid cards that are reported lost or stolen.