Cards

A prepaid card is the physical or virtual instrument used to access funds stored in a prepaid wallet. Cards themselves do not store value; they are authorisation instruments that draw funds from the linked wallet.

Card Types

• Virtual cards for instant digital usage
• Physical cards for POS and ATM usage

Card Attributes

Each card includes:

• Unique PAN and expiry
• Security credentials (CVV)
• Status indicators
• Channel configuration
• Spend and velocity rules

Card Lifecycle

Cards move through well-defined states:

• Issued
• Activated
• Temporarily blocked
• Permanently hotlisted
• Replaced or closed

Card state directly affects transaction eligibility.