Overview
White-label, API-first card issuance and transaction processing engine for launching prepaid card programs at scale.
End of Life Notice
This documentation covers Prepaid v1.1, which is now in end-of-life status. We strongly recommend upgrading to Prepaid v2.0 for the latest features, enhanced security, and long-term support. Please contact your M2P account manager to schedule your migration to v2.0.
The M2P Prepaid Platform is a white-label, API-first card issuance and transaction processing engine that empowers banks, fintechs, and enterprises to launch full-featured prepaid card programs at scale.
From customer onboarding and instant card issuance to real-time transaction authorization, settlement, and dispute management — the platform handles the complete card lifecycle.
Where M2P Fits in the Ecosystem
Key Value Propositions
For Issuers
- Launch prepaid programs in weeks, not months
- Multi-currency and forex support out of the box
- White-label — your brand, your app
- Full PCI-DSS compliance handled by M2P
- Configurable limits, fees, and rules per program
For End Customers
- Instant virtual card issuance
- Real-time transaction notifications
- Apple Pay / Google Pay / Samsung Pay support
- Secure PIN and OTP-based authentication
- P2P transfers, bill payments, and QR pay
Platform at a Glance
Customer Onboarding & KYC
Registration, eKYC, biometric verification, KYC upgrades, deduplication, and bulk onboarding.
Card Issuance & Lifecycle
Virtual and physical card issuance, activation, lock/unlock, blocking, replacement, and PIN management.
Wallet & Balance Management
Multi-wallet support, real-time balance inquiry, credit/debit operations, and P2P transfers.
Transaction Processing
POS, ATM, e-commerce, contactless, UPI, IMPS/NEFT/RTGS, NETC/FASTag authorization.
Tokenization & Digital Wallets
Apple Pay, Google Pay, Samsung Pay provisioning with full token lifecycle management.
Multi-Currency & Forex
Hold balances in 30+ currencies, real-time exchange rates, and cross-border transactions.
Notifications
SMS, email, push notifications, and webhook callbacks with configurable templates.
Reporting & Analytics
Transaction reports, settlement reconciliation, MIS reports, and custom SQL-based reporting.