Ibanera payment system will issue pre-paid cards for US customers

This week in fintech kicked off with outstanding news about partnerships and new products. Ibanera payment system, known for opening IBAN accounts, will add prepaid cards under the Visa brand to its product lineup.

Prepaid cards are those that need to be topped up manually. In other words, they are not credit or debit cards, which are typically used for receiving salaries or social benefits. Prepaid cards can be used for purchases and online payments, which is their primary purpose. This offers the convenience of card services while ensuring robust security of personal data on various online platforms.

If a user plays online games, there is a high chance of encountering poorly protected websites, putting the security of personal card data at risk. Prepaid card segment is quite broad today, and many payment systems offer similar services. The main client requirements are low fees and ability to pay for almost any service. Visa promises to handle this demand well, and Ibanera itself expects the card to become popular. 

Ibanera card will be offered to B2B clients of payment system to meet their needs. The functionality is designed for various use cases, such as payroll management, travel expenses, and government payments. Companies can customize prepaid cards with their logos so that will create branded solutions and enhance customer loyalty. Additionally, tokenized cards compatible with Apple Pay and Google Pay provide seamless and secure mobile payment options for users.

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