Merchant Partner Program Launch
Program Overview
The Apaylo Prepaid VISA Card Program provides merchants with a flexible, secure wallet and payment solution to distribute prepaid VISA cards to clients, partners, employees, or any stakeholder who needs a safe and convenient way to receive payments, manage funds, and complete purchases online or in-store anywhere VISA is accepted.
We launched this program to enable businesses to offer their customers and partners an alternative payment method that’s simple, controlled, and accessible.
Why Apaylo?
Unlock the potential of digital payments
with Apaylo, a comprehensive solution tailored for modern businesses.
Universal Acceptance
Use the card anywhere VISA is accepted for online, in-store, and contactless transactions.
Reloadable & Controlled
Cards are prepaid, meaning users can only spend what they load. There’s no credit check or borrowing involved.
Secure & Regulated
Managed in partnership with DC Bank, cards are governed under Canadian payment regulations, ensuring PCI-DSS compliance and segregated fund safety.
FX Ready
Built-in foreign exchange capabilities enable purchases globally in local currencies.
Digital & Physical Options
Cardholders can choose a virtual card for instant use or a physical card for day-to-day transactions.
No Interest or Debt
Spend what you load. This is not a credit facility; users fund the card from their own merchant wallet balance.
Cardholder-Managed Accounts
Cardholders can self-manage top-ups, request physical cards, and card replacement through an integrated dashboard.
Use Cases
This program is designed to meet the needs of merchants and their stakeholders by providing:
Direct Payouts. Enable instant disbursements to clients, partners, or employees directly onto their prepaid cards, simplifying payment logistics and reducing processing time.
Seamless Wallet Integration. Provide immediate access to funds through Apaylo Wallet integration, allowing users to connect, fund, and spend effortlessly from a single platform.
Controlled Spending. Offer allowance or expense cards with customizable spending limits, giving organizations precise control over budgets and expenditures.
Incentives & Rewards. Use reloadable cards to distribute bonuses, loyalty points, or rewards that can be spent anywhere VISA is accepted, offering flexibility beyond retailer-specific programs.
Emergency. Deliver rapid financial assistance during emergencies by loading funds onto virtual or physical cards, enabling recipients to purchase essentials immediately.
Gig Economy Disbursements. Support freelancers and contractors with direct payments to their cards, providing instant access to earnings without requiring a traditional bank account.
Per Diem Travel Funds. Simplify business travel by loading daily allowances (per diems) onto prepaid cards, removing the need for employees to front expenses and wait for reimbursement.
Financial Literacy for Students & Youth. Empower young users to learn responsible money management with controlled prepaid cards that prevent overspending and debt accumulation.
Program Details
CARD INFO | DETAILS & LIMITS | ||||
|---|---|---|---|---|---|
Card Type | VISA Prepaid (reloadable) | ||||
Issuer | DC Bank (under sponsored BIN) | ||||
Availability | Merchant Employee Individual cards | ||||
Funding Methods | Payroll deposit, wallet transfer, or self-load | ||||
Wallet Load Daily Limit | Up to a maximum amount of $5,000.00 per day may be loaded on the Wallet. | ||||
POS Transaction Daily Limit | Up to a maximum of $2,500.00 per day is allowed for purchases of goods and services. | ||||
ATM Transaction Daily Limit | Up to a maximum of $1,500.00 per day is allowed for cash withdrawals from ATMs. | ||||
Maximum Transaction Daily Limit (POS & ATM) | Notwithstanding the stated POS and ATM limits, the maximum daily limit for all transactions is $2,500.00 per day. | ||||
Interac® e-Transfer Transaction Limit | A maximum of $3,000.00 per transaction, up to a maximum of $3,000.00 per day, is allowed for Interac e-Transfers. | ||||
Bill Payment Limit | Up to a maximum of $2,500.00 per day is allowed for Bill Payment transactions. | ||||
Funds Available Limit | The maximum amount of Funds Available on the Wallet at any time is $10,000.00. | ||||
Fees | No interest. Standard card fees apply (activation, replacement, FX, etc.). | ||||
Support | Dedicated merchant and employee support via DC Bank. | ||||
Getting Started
If your company is interested in offering prepaid VISA cards to employees: