An alternative payment method to cash, the UnionPay Prepaid Card is safe, convenient and highly appealing for issuers looking to increase profitability with its flexible implementation and broad application. UnionPay Prepaid Cards support both non-reloadable and reloadable type cards and can be issued with or without ‘Know Your Customer’ requirements.
UnionPay Prepaid Cards include both PIN and signature authentication, with all cards supporting online and offline use including ATM access, POS purchases, Pre-authorization, Recurring transactions, and Remittance.
In addition, UnionPay has a flexible cooperation model which allows for specific usage scenarios and the subsequent development of highly customized prepaid card solutions.