Reloadable prepaid cards
Datacard Group has announced that it has optimised its Datacard CardWizard Electronic Benefit Transfer (EBT) services in Canada that will allow government benefits departments to instantly issue reloadable prepaid cards (view press release).
Datacard, which provides secure ID and card personalization solutions, worked in conjunction with MasterCard Canada and another card programme manager to enhance the CardWizard software solution. The CardWizard software captures and transfers the necessary data to a Datacard hardware printer, where the card is instantly personalised and issued to the cardholder at the government benefits service location. Government administrators can load the card with approved funds, as well as transfer funds electronically to the cardholder’s account.
David E. Orzel, Senior Vice President, Market Development, MasterCard Canada, said: “We established a prepaid benefit card instant issuance solution for the Canadian public sector using MasterCard prepaid open loop cards. This product offers cardholders in EBT programme a more efficient and controlled process for the disbursement of funds.”
Whitepapers
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