Prepaid Card Solution
Location:
Saskatchewan, Canada
Posted on:
Deadline:
Summary:
Seeking a vendor for an integrated prepaid card solution with real-time card management and distribution in Saskatchewan, Canada.
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An agency in Saskatchewan, Canada is seeking a vendor to provide an integrated prepaid card solution. The primary focus is on delivering a comprehensive platform for managing all aspects of a prepaid card program, including coordination with a sponsorship bank and access to an open loop payment network. This solution is intended for scenarios where conventional payment methods such as direct deposits or cheques are not suitable.
The platform should enable the agency to load and activate physical prepaid cards for immediate use, with the capability to distribute cards in real time to individuals across various locations. The system must support single load and reloadable cards, include PIN and Chip technology, and allow for program segregation to support different use cases, with possible expansion to future needs. The solution may incorporate other payment options, such as e-Transfer and digital credit cards, but the prepaid card component remains the primary requirement. The contract term will be for five years.
