FAQ

Q:

I'm interested in starting a prepaid program, but I don't see a program that fits what I'm looking for. Is there anything you can do?

A:

Praxell is able to create customized programs to meet all of your needs. Give us a call at 646-254-6972 to discuss your needs with one of our experienced sales representatives.

Q:

I'm new to prepaid programs. How difficult is implementation?

A:

With our new online implementation, the process is less expensive and faster than ever. We can implement Standard Programs fast. Client-branded programs and customized solutions may take longer depending on their complexity. Once your program is up and running, you have complete control via our Program Management Platform, and a dedicated program manager for support.

Q:

I don't want a customized program. Do you have a pre-set prepaid debit card program that I can choose from?

A:

Yes, for each program there is a standard option of functions available.

Q:

Why should I choose a customized prepaid card instead of a standard program?

A:

A client-branded program allows you to brand your card and other program attributes. With a customized solution, you can integrate program services within your own operational ecosystems as well as select the fee and revenue structures that work best for your organization and your customers.

Q:

Do I need to worry about compliance and risk management?

A:

No, Praxell manages all regulatory compliance. Our Program Management Platform gives you the tools necessary to easily manage risk and fraud.

Cards are issued by Sunrise Banks N.A., St. Paul, MN 55103, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and pursuant to a license by MasterCard International Incorporated. Visa and the Visa brand mark are registered trademarks of Visa U.S.A. Inc. MasterCard and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated.