Prepaid Card Solutions

i-Pay has the capability to provide a customized Prepaid Card or Account Program with multi functionalities for our partners, clients and cardholders. Through our strategic relationships structured globally plus our “world-class” technology platform, enables us to provide tailored functionality features for our Prepaid Card program. This gives our cardholders, partners and our clients a technological edge and competitive advantage in providing a revolutionized payment service both for cash and banked market.

By utilizing industry proven architecture and a state of the art processing platform, i-Pay can offer unparallel flexibility for building and delivering Prepaid Card programs. Our objective is to provide maximum customer satisfaction by creating a customized solution fits for your specific market segments.

Moreover, i-Pay’s proprietary platform utilizes the technology of online (web application) and the power of Mobile Phone application enabling customer and or merchant partner to manage their accounts conveniently.

Our intention is to allow customers to choose from one of the three Prepaid Card Program options depending on the target market segments.

Any or all of these options will allow a customer to buy and pay for products and services on the web (online) or using the registered mobile phone.

1. E-Wallet Account

As a leader in providing payment solutions in the market, i-Pay enables program owners to offer an instant issue “e-Wallet” account. This is a virtual wallet allowing the customer to register for an account instantaneously, load funds via our online loading options and shop on the Internet with a virtual pre-paid ‘good funds’ open market payment device.

The e-Wallet account powered by i-Pay is an advanced mobile and online account system, which integrates all multiple products and services into a simple, easy-to-use account. It enables customers to perform closed-loop product options such as bills pay, mobile top-up, purchase prepaid products, transfer funds to any other i-Pay powered card in real time, as well as the opportunity of open market web shopping.

2. Closed-Loop (Private Labeled Card)

i-Pay revolutionized the world of Closed-loop Stored Value Card as a powerful payment tool for the cash market and the unbanked market. i-Pay empower all issued closed loop card programs to be multi-functional as a “one-stop-shop” payment with greater ease. This type of card program can only be issued by a fully licensed and regulated merchant, which can be used to penetrate the under-banked or unbanked market. They can now offer their consumers who cannot qualify for a traditional bank account a safe and efficient way to store funds, make purchases, pay bills, purchase prepaid products, medical payments, loyalty program and others.

One of the most innovative applications of this type of Prepaid Card program is its ability to be utilized for ATM withdrawal transaction and POS payments. It mimics the functionalities ATM or Debit card through the technological advancements of i-Pay’s platform integrated to an independent ATM Deployer.

3. Banking Card

i-Pay’s Technology Platform has been built to be easily integrated to our bank partners. Our platform is utilizing a standard bank gateway that is accountable for all types of interface to the bank’s existing platform without incurring additional capital expenditure. This technical arrangement allows i-Pay non-banking platform to be integrated to local banking platform allowing the bank partner to integrate VAS (Value Added Services) to their existing ATM or Debit Card program. .