REX2Card Platform

Card Management and Bank Integrations

A prepaid debit or stored value card is a plastic card, which provides an alternative payment method to cash. The usage of pre-paid cards has become popular in recent years. It allows people with minimal identification to avail the same services as post-paid companies and it allows users to monitor and budget their usage in advance.

Overview

i-Pay has introduced the REX2Card Platform with its line of card products suited to every client’s needs and wants. Through this, the company has been able to provide a diversified set of services easily accessible anytime and anywhere they need it.

Description

The REX2Card Platform
Ultimately, the REX2Card platforms are used for remittances. However, i-Pay has taken card usage into a higher level. Other than remittances or money transfers, the i-Pay powered card programs may be used for a variety of services like bills payment, mobile loading and even as a health card.

Bank Gateway

The ISO8583 Bank Gateway is accountable in directly interfacing with any local bank platform in which i-Pay as a company has an agreement with. This technical arrangement has allowed straightforward transfer of funds from i-Pay powered card to any ATM, Debit Card or non-banking (private labeled) card as supported by the local partner and local bank of i-Pay.

Transfer of funds from an i-Pay powered card to any ATM, Debit Card or a Non-banking card can be made through SMS or online. Once funds have been successfully transferred, cardholders and merchant users can withdraw cash from ATM machines or any accredited cash out station