Cards

The Cards concept is at the core of Falcon's credit card issuance and program management platform. We have designed it to power modern card-based financial products, fintechs, enterprises, and aggregators to issue and easily manage both physical and virtual cards. Through our API-first infrastructure, you can orchestrate the entire card lifecycle while maintaining control over user experience, branding, and compliance.

Whether you are building a consumer BNPL card or creating corporate cards with programmable limits, Falcon offers the modular tools and integrations required to go live quickly.

🚀 Key Capabilities

Card Issuance: Instantly generate physical and virtual cards through API
Card Lifecycle Management: Activate, block, reissue, expire, and renew cards
Spend Controls: Configure spending limits by user, merchant, or geography
Branding and Customization: Whitelabel card design, packaging, and program name
Compliance Infrastructure: PCI-DSS compliant tokenization and secure card data handling
Multi-Product and Multi-Region Support: Launch different card programs across markets

💳 Card Types and Networks

Below are the supported card types:

Virtual Cards

Virtual cards are instantly issued and available for immediate use in online transactions or digital wallets. They are perfect for:

BNPL platforms
Expense management for distributed teams
Temporary or one-time use cases, such as vendor payments

Physical Cards

Physical cards are suitable for use in physical retail stores, ATMs, or offline. These cards can be custom-designed and shipped globally through Falcon's card fulfillment partners.

Supported Networks

Falcon enables card issuance under major networks like:

Visa
Mastercard
RuPay

🔁 Card Lifecycle

Falcon provides end-to-end adaptation of a card's lifecycle, from creation to deactivation. Below are the high-level card lifecycle stages:

Cardholder Account Creation: A cardholder account entity is first created and linked to a user or business.
Card Issuance: The card is generated and issued, with PAN, CVV, and expiry data securely stored.
Activation: The card is activated via PIN setup or API call.
Usage: A user can use the card across POS, online, or via wallets.
Block/Suspend: Temporarily restrict a card from usage.
Reissue: Replace damaged or expired cards while retaining history.
Termination: Fully deactivate a card and update the ledger.

💰 Manage Spending Limits

Spend controls allow program owners to implement how, where, and when a card is used. Below are some of the available controls:

Merchant Category Codes (MCCs): Block or allow specific MCCs like travel, fuel, dining, etc.
Geolocation: Limit card use to specific countries or regions
Velocity Limits: Cap the number of transactions in a time period (e.g., 10 per day)
Spend Limit: Set minimum or maximum spend per transaction or period

👥 Manage Cardholder

Cardholders are the individuals or businesses associated with cards. Falcon enables complete cardholder onboarding and management.

Cardholder Types

Consumer: Retail end-users for BNPL, loyalty, or retail banking
Business/SME: Expense management or procurement cards
Enterprise: Custom billing entities with hierarchical access

KYC Options

Use Falcon's pre-integrated KYC service for India-compliant onboarding
Monitor KYC status and retry flows

Cardholder Profiles

Assign limits, preferences, tags, and custom metadata
Enable notification rules and self-service options
Manage spending limits

🎨 Card Branding and Embedding

Falcon supports full white-labeling of card programs, allowing businesses to maintain a consistent brand identity.

Design and Customization

Upload custom logos and card designs
Configure embossing rules for names and text
Optional QR codes or loyalty integrations
Various materials (plastic, metallic, etc) and themes for physical cards

BIN and Program Branding

Launch under FalconFS partner BINs or bring your own
Distinct program names for each product or user segment

Fulfillment and Logistics

Integrated partners for manufacturing and delivery
Real-time tracking and delivery status APIs

Tokenization

Token vault and provisioning are managed by Falcon
Device authentication and cryptographic validation
Secure real-time provisioning via API

↑