Product Types
Retail credit card types, card variants, credit limit configurations, supported fee types, and transaction categories for M2P Credit Stack v2.0.
M2P Credit Stack v2.0 supports individual retail credit card issuance with configurable limit structures, card variants, and spending controls.
| Variant | Description | Typical Use Case |
|---|
| Primary | Main card issued to the registered customer | Individual credit card holder |
| Floater (Physical) | Additional physical card on the same account | Family member or add-on cardholder |
| Floater (Virtual) | Additional virtual card on the same account | Online-only spend, subscriptions |
All cards on the account share a single credit limit.
Key Characteristics:
- Total utilization across all cards cannot exceed the shared limit
- Simpler to manage for small add-on card programmes
- Real-time limit check against a single pool
Typical Setup:
| Parameter | Configuration |
|---|
| Limit level | Account-level (single entity) |
| Cash limit | Sub-limit within the shared pool |
| DPD tracking | At account level |
Each card or sub-entity has its own independently assigned limit.
Key Characteristics:
- Limits are separately tracked per card
- Spend on one card does not reduce availability on another
- Suitable for corporate-linked individual accounts
Typical Setup:
| Parameter | Configuration |
|---|
| Limit level | Per-card (kit or entity level) |
| Cash limit | Per-card cash sub-limit |
| DPD tracking | Per-card |
A parent-level pool limit is distributed across child entities.
Key Characteristics:
- Parent entity holds the sanctioned pool limit
- Child entities draw from the pool up to their sub-limit
- Ideal for hierarchical account structures
Typical Setup:
| Parameter | Configuration |
|---|
| Limit level | Parent entity pool |
| Sub-limits | Allocated to child entities |
| DPD tracking | At child entity level |
| Capability | Available |
|---|
| Primary Card Issuance | ✅ |
| Floater Physical Card | ✅ |
| Floater Virtual Card | ✅ |
| PIN Set (v1 — Deprecated) | ✅ |
| Card Replacement | ✅ |
| Block / Unblock Card | ✅ |
| Get Card List | ✅ |
| Request Physical Card | ✅ |
| Control | Description |
|---|
| Credit Limit | Set and upgrade entity-level credit limits |
| Cash Limit | Sub-limit for ATM cash advances |
| Channel Controls | Enable/disable ATM, POS, e-commerce, contactless, DCC per card |
| International Usage | Enable/disable cross-border transactions |
| Transaction Limits | Per-transaction, daily, weekly, monthly, quarterly, yearly caps |
| MCC / Merchant Rules | Allowed and disallowed rule configurations |
| Feature | Description |
|---|
| Statement Data | Full statement with transactions, MAD, TAD, and due date |
| Loan Details | EMI breakdown when loan_details=true |
| Due Amounts | Min due, total due, unbilled, interest, EMI, fee details |
| Transaction History | Paginated transaction list between date ranges |
| Statement Date | Configurable day-of-month statement and due date |
| Feature | Description |
|---|
| Direct Repayment | Post repayment from bank or external source to credit account |
| MAD / TAD | Minimum and total amount due tracked per statement cycle |
| DPD Tracking | Days Past Due accrual with payoff rollback |
| EMI Breakdown | Posted EMI, unpaid EMI, and previous unpaid EMI details |
| Excess Payment | Tracks excess payments made by customer |
| Fee Type | Description |
|---|
| Annual / Joining Fee | Yearly or one-time onboarding fee |
| Physical Card Fee | Fee on physical card issuance or delivery |
| Card Replacement Fee | Charged when a lost or damaged card is replaced |
| Reward Redemption Fee | Fee on reward point redemption |
| Fee Type | Description |
|---|
| Cash Advance Fee | Fee on ATM withdrawals; interest from transaction date |
| Foreign Currency Fee | Markup on cross-currency transactions |
| Fee Type | Description |
|---|
| Late Payment Fee | Charged when MAD is not paid by due date |
| Over-Limit Fee | Charged when spending exceeds the credit limit (opt-in) |
| Interest (APR) | Revolver interest on unpaid balance beyond grace period |
| Aspect | Physical Card | Virtual (Floater) Card |
|---|
| Form | Plastic card with EMV chip | Digital card number only |
| Issuance | requestPhysicalCard API | addCard with cardType: V |
| Usage | POS, ATM, e-commerce | Online and phone transactions |
| Security | EMV chip + PIN | Dynamic controls via preferences |
| Use Case | Primary daily spend card | Online vendor payments, travel bookings |
