Powercash21 provides comprehensive prepaid solutions for businesses relating to corporate payments that can be extremely beneficial for businesses and their employees. As a merchant, you can utilize our prepaid solutions to manage employee expenses and payroll, execute pay-outs, improve petty cash management, and delight VIP customers by offering prepaid cards as a gift.
Regardless of your company's size and needs, you can benefit from our business prepaid cards by choosing one of the following prepaid solutions packages:
Enjoy the advantages that our prepaid card programmes offer and efficiently manage your business expenses. Some of the advantages include:
For a better understanding of the prepaid solutions Powercash21 offers, here is a list of the most common questions we receive from new and established merchants:
A prepaid card is a plastic payment card that can be used instead of cash when making purchases or withdrawing money from ATMs. It cannot be used before the funds are transferred to the card. The money is instantly deducted, directly from the cardholder's bank account when performing a transaction. If the cardholder doesn’t have enough funds then the transaction gets declined by the issuing bank.
EMV stands for Europay, Mastercard, Visa and is a global standard that enhances security of chip-based credit and debit card transactions. Currently, EMV cards are known as a smart chip card as they have the emv chip card technology that stores their data on integrated circuits, in addition to magnetic stripes.
A custom debit card is a card with a customized design on it. Rather than having a standard generic design card which is already approved by the scheme, a company logo of a corporate business can be placed on the plastic. The logo, or the design, needs to be comply with certain standards and must be approved by the issuing bank and the scheme.
We offer debit card payment solutions only to EEA countries. The card can be delivered to any individual who proves their residency within the EEA.
Currently we offer a variety of different currencies used in EEA. The card can be used anywhere in the world where Mastercard is supported. An FX fee will be automatically applied to all the transactions in currencies other than EUR. For more information, feel free to contact us or visit powercard21.com.