Generic Prepaid Reloadable Card (GPRC) Program

What is the cost of opening a Submerchant Program?

PPG charges a one-time, non-refundable fee for Account set up and Compliance checks to open a PPG Submerchant account. Monthly recurring fees are based on the prepaid card inventory, number of card currencies and access to the PPG Portal to manage card members, top-up loads and other services. Please contact us for more information.

Who can become a Submerchant?

In general, the Submerchant can be a corporate entity or an individual as long as Compliance checks are passed.

How long does it take to start a Submerchant Program?

It typically takes between 3 to 5 weeks to bring a new Submerchant’s generic prepaid card to market upon KYC approvals. The nature of your business and industry it is related to will influence the KYC approval process.

What will the Submerchant have access to?

Submerchants have access to cardholder data via the PPG Portal. Other services allowing you to break down spending by merchant class for marketing purposes, tracking spending with partners and identifying cardholder trends are available on request.

PPG offers a discounted a Know Your Customer (KYC) Verification program to assist in the KYC process for prepaid card application and issuance.

Submerchants also can have access to a discounted bundling offer with a comprehensive, annual multi-trip family travel insurance as an added benefit for their cardholders.

What are the Cardholder limits?

Cardholders need to submit the proof of ID and proof of address in order to pass KYC approval. For the details of card limit, please contact us for more information or to request for a copy of the PPG Submerchant Presentation Deck.

What will the Cardholder receive?

Cardholders will receive a generic reloadable prepaid card with a Secured EMV Chip and PIN that works just like any credit/debit card, allowing cardholders to make purchases online, in-store or over the phone, as well as to withdraw cash from ATMs.

Cardholders have full access to their accounts via their own Cardholder Portals. The Cardholder Portal is a full online banking tool for managing and accessing card accounts and perform the following transactions:

What is the Minimum Order Quantity (MOQ)?

MoQ is dependent on the industry that the Submerchant’s company is in. PPG representatives will be able to advise Submerchants on the MoQ required.

How does the Prepaid Card help you in your business?

Prepaid cards can be widely applied in different industries:

Where can I use the Prepaid Card for?

The prepaid card is accepted where credit cards and debits cards are used. Prepaid cards are available to everyone, regardless of credit rating, income, or whether someone holds a bank account. These cards are a substitute to a traditional bank account, and are a new way of managing money.

What are the benefits of a Prepaid Card?