Prepaid Cards

Prepaid card packages to suit every size of business

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:

• Bronze package: Ideal for those with a small company who wish to pay their workers who are located across Europe using employee cards. These types of cards are provided by VISA and have EMV chip card technology for extra fraud protection.
• Silver package: Perfect for those operating a medium-sized entity and who are looking for a prepaid card program to pay commissions or pay-outs to employees, customers, or salespeople within Europe. The cards are provided by VISA or Mastercard and have EMV generic or co-branded card technology.
• Gold package: Ideal for a large company who would like to pay commissions and payouts to employees, salespeople or customers across Europe using a co-branded prepaid card. They are supported by VISA or Mastercard and have EMV and Contactless generic, branded or white label card technology.

The key benefits of Powercash21’s debit card payment solutions

Enjoy the advantages that our prepaid card programs offer and efficiently manage your business expenses. Some of the advantages include:

• Easy issuing of generic, co-branded, or custom prepaid card types
• Can be used anywhere that the Visa/Mastercard symbol is displayed
• Real-time fund loading with no payment delays
• Cost and time-efficient
• Payment scheduling using our suite of online tools
• A Chip and Pin debit card which offers high security and is safer than carrying cash
• Access to our mobile app to check card balance and history (Available for Android and iOS)
• Access to our online cardholder portal to view data such as balance, card history, PIN notification and much more

Common questions relating to our prepaid solutions answered

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:

1. What is a prepaid business card?

   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.

2. How do prepaid cards work?

   A prepaid card is a plastic payment card that can be used instead of cash when making purchases or withdrawing money from ATMs. It is similar to a bank debit card but does not have an account tied to it. 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.

3. What does EMV stand for?

   EMV stands for Europay, Mastercard, Visa and is a global standard that enhances the 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.

4. What is a custom debit card?

   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 corporate business can be placed on the plastic. The logo, or the design, need to comply with certain standards and must be approved by the issuing bank and the scheme.

5. Where can the debit cards be delivered?

   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.

6. What is a prepaid digital token?

   A prepaid digital token is a 14-digit numeric code. Such tokens are given as a reward, incentives and promotional codes redeemable with a redemption link. When a valid token is entered into the specified link, the user can choose from several prepaid card products available, both physical of virtual.

7. What currencies are provided for the debit cards?

   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.