Monet offers complete Prepaid Processing solution for general purpose reloadable, non-reloadable, travel, gift and payroll cards. Our prepaid cards solution supports hosting and management of Visa®, MasterCard® and UnionPay® brands.
Card buyers choose how much value to load onto a card and cardholders can replenish value by direct depositing funds and pay bills online, get cash at ATMs or use them anywhere cards are accepted. The prepaid cards are administered on the Monet processing system and come complete with authorization and settlement processing features.
Prepaid cards are more popular than ever before. They are becoming an established and fast-growing segment of the overall payments environment. Growth has been driven primarily by consumer payment applications such as general purpose reloadable cards, travel cards, gift cards, money transfers and government to person (G2P) payments targeting the unbanked and under-banked population. As the prepaid market continues to flourish, so will the types of products and services made available to consumers and businesses. With the popularity and growth of prepaid cards, it is imperative that financial services organizations have a superior end-to-end solution that is highly flexible and can quickly adapt to new market requirements. Monet Prepaid Card Solution helps you do just that.
With our Prepaid Solution, you will benefit from offering a comprehensive solution that will grow with the needs of the market and your customers.