Types of Prepaid Cards

Payroll

• Deposit employee’s net pay directly onto a prepaid card
• Ideal for the unbanked or temporary, contract or satellite office workers
• No need for bank account or credit checks
• Employees have immediate access to wages and can be loaded in local currency

Corporate Expenses

• Issued instantly and can be loaded in a number of currencies
• Full control of frequency card loads, values, cash access, spending limits or purchasing restrictions
• Automates petty cash process which limits misuse and errors
• Reduces cost for cash handling

Gift / Incentive

• Gives you a valued option to reward employees and attract new customers
• Reduce admin, retain and increase customer and employee engagement
• Issued easily and cards can be branded with your company logo
• Cards accepted worldwide

Prepaid debit cards allow users to make purchases online, face-to-face or withdraw cash from a pre-set value already loaded onto the card.

These offer cost savings and allow companies to control business expenses by allowing employees to only spend the amount authorized, or preloaded onto their card. They can also be branded with the company logo.

Account-holders can manage and view card activity through the NxPay web interface, mobile app or your company hosted website via i-frame

• Instant global payments
• Safe & secure
• Manage & track business related expenses
• Control over employee spending
• No extension of credit required
• Use for one-off purchases or reload with funds
• New revenue stream as no cash handling / cheque printing
• Safer (PIN protected) and more efficient than cash / cheques
• Cards accepted for worldwide
• Access system from anywhere – tablet, laptop, phone
• Ability to track & reconcile online
• Comprehensive audit trail