Topic Category: Prepaid 101

Buck Slip

Buck Slip A buck slip is one-third the size of a sheet of paper and can be stuffed in an envelope. Buck slips are usually preprinted and are not …

Cardholder Agreement

Cardholder agreement (CHA) The cardholder agreement, sometimes called the CHA, is a legal document that outlines the terms and conditions and fees for use of the card. The layout …

Card Plastic

Card Plastic The plastic card is affixed to the carrier and is dynamically printed.  The 16-digit card number, cardholder name, CVV2 (or CVC2) and expiration date can either be …

Carrier

Carrier The carrier is a piece of paper on which the card is affixed. This is the best place to communicate your key revenue drivers to the cardholder (how …

Bitcoin and Cryptocurrency

Bitcoin and Cryptocurrency With the rise of cryptocurrencies, such as Bitcoin, prepaid Program Managers are looking for ways to help individuals spend this currency.  Most banks will not allow …

API

API Most processors offer the ability to load cards via an API. This allows Program Managers to build software programs for use on the web or by clients that …

Cash Loads

Cash Loads A Program Manager can integrate with third-party cash load networks to allow the cardholder to load cash into their prepaid card account. The largest of these networks …

Batch Loads

Batch Loads In some cases, the Program Manager will deposit a large amount of money into the pooled funds account (usually by a client).  The Program Manager then submits …

Bank to Card

Bank to Card Bank to card loads are different than direct deposits even though both funds are sent via ACH.  In both cases, the funds are coming from a …