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Prepaid Cards

J.P. Morgan prepaid card solutions drive cost efficiencies and support paperless initiatives, while speeding reliability and access to payments for your end clients regardless if they are employees, benefit recipients or third-party vendors. Prepaid cards are a cost-effective alternative to check disbursements for both public and private sector organizations. And, Cardholders appreciate the secure, environmentally-friendly, and time-saving alternative to receiving their payments. Our prepaid card solutions allow you to easily pay your employees, reward your customers, and disburse pension, unemployment or insurance claim payments.

Benefits
  • Increase control over the timing of fund flows to enable more efficient use of working capital
  • Minimize time spent processing, distributing and reconciling checks
  • Reduce the risk of fraud and loss
  • Provide more convenient, secure and immediate payments to payees, compared to cash, checks or vouchers
  • Offer unbanked and underserved payees an alternative that helps avoid check cashing fees while providing other time-saving benefits.

Corporate Sector - Transform workforce, incentive, and insurance and benefits payments into convenient, cost-saving electronic transactions utilizing J.P. Morgan's Prepaid Solution for Corporates.

Public Sector - Allow federal, state and local agencies to deliver funds via government prepaid cards, providing a lower cost, electronic payment solution to checks and drafts.

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