Also know as paycards, payroll prepaid cards are funded by one or more accounts into which an employer makes electronic fund transfers on a recurring basis of the cardholder's wages, salary or other. Read more »
UVG implements and fully manages prepaid MasterCard and Visa card programs.
The prepaid MasterCard or Visa card is perfect for the general public who have poor credit facility, migrant workers and the general unbanked. The card can be preloaded and can then be used as a MasterCard or Visa anywhere in the world that supports the MasterCard or Visa payment platform. For the safety conscious customer who is concerned over identity as the prepaid MasterCard or Visa card is not linked to any bank account.
Another use of the cards can be preloaded with loans that you offer to your customer and then be used for whatever the loan was intended for and each time a customer uses the card a residual income is generated.