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# Functionality

  • Card and account management
  • Customer record management
  • Plastic card and virtual card issuance
  • Centralised, decentralised and instant issuance technologies
  • Flexible product configuration, fees and commissions setup and limits and restrictions management
  • Comprehensive accounting engine
  • Inventory management
  • Statements
  • Dispute management
  • Reporting and monitoring tools
  • Comprehensive fraud detection and prevention
  • Clearing and settlement
  • Multi-channel management
  • Customisable formats and interfaces for system integration
  • User friendly graphical workplaces for system administration, monitoring and operations

TranzAxis Prepaid Card covers the entire prepaid card product range; from more simplistic offerings (e.g. one-time use magstripe gift cards) to more complex (multi-use EMV prepaid debit cards for corporate use) to more innovative (virtual prepaid cards issued at an ATM or on the internet).

As a payment tool, the prepaid card offers numerous benefits for customers, businesses, merchants and financial institutions. Whether providing a safer alternative to cash, enhancing loyalty programs or introducing services to the unbanked or underbanked market segments.

The TranzAxis Prepaid Card solution provides financial institutions, merchants and merchant networks with everything they need to develop multiple types of prepaid programs and to manage these end-to-end across their product lifecycle.

TranzAxis Prepaid Card can be deployed and configured to meet the requirements of any retail bank, credit union, retailer, ISO, prepaid program manager, and local and national card schemes. >>>