What is it?

Visa prepaid cards have numerous potential applications - one of the largest and most immediate being the disbursement of public funds.

Introducing Government prepaid cards

Public sector organisations across the world, as well as the UK, are turning to Visa prepaid programmes for secure, efficient disbursement of funds, including welfare benefits, grants, awards, compensation payments and emergency payments to citizens.

Prepay is playing a role in everything from helping the elderly purchase meals to providing money for young people coming out of foster care, and much more besides.

Visa prepaid is also used for ad hoc expenses for infrequent buyers/travellers and contractor payrolls.

Government prepaid cards provide considerable flexibility and help minimise risk, as well as offering the efficiency of card payments.

Prepaid cards are paving the way for a wave of innovation in disbursement payments and are set to become an increasingly important new payment solution for the public sector.