T24 Global Issuance - Tailor Made Prepaid Card Solution

Company introduction

T24 Global Issuance Pte Ltd is primarily a B2B operation that concentrates on managing and providing card solutions to corporations that have an established customer base through their existing business.

T24 GI is part of the Transact24 group and we are represented in 4 different continents with core competences in the Online credit card Acquiring space; Chinese debit cards; Virtual wallet operations and solutions; ACH payments and Prepaid card products. The Prepaid outfit of the group is primarily based out of Singapore whereas the group headquarter is based in Hong Kong. T24GI also provides customer service in our own 24/7 call centre in South Africa. T24 has Level 1 PCI compliance rating.

We provide multiple Prepaid solutions under the Visa and MasterCard brands, providing worldwide card acceptance and ATM facilitation for our Prepaid card holders. We do not provide any products with credit or guarantee cards.

Our target markets are primarily focused on the South East Asian and African regions. Core speciality is on growth markets within the Prepaid space and facilitating card services to the large un- or under-banked sectors; as well as providing better solutions for limited functionality loyalty card operators and corporate cards to facilitate, among other things, efficient payroll solutions.

The main characteristics of T24GIs’ card products are:

• Payroll
• Membership based
• Remittance
• Commission payouts
• Loyalty / Affinity cards (Client branded cards)
• Loan / Benefit payout cards

Prepaid Cards can be used to make purchases and to access cash from ATMs at over 24 million locations wherever MasterCard or Visa is accepted.

Often referred to as an 'electronic purse', Prepaid Cards are loaded with funds prior to use and can be used for a wide range of payment purposes at any traditional (ATM or POS) or online retailer using the MasterCard or Visa Networks.

For businesses, Prepaid Cards can:

• Increase financial and operational control
• Reduce internal costs
• Increase profit
• Increase consumer spending and cross-selling
• Strengthen your consumers' relationship with your brand

T24 GI specialises in creating flexible Prepaid Card programs with a wealth of benefits and enhanced functionality for different markets, such as: MoneyShare, Travel, Payroll, Teen/Youth, Gift, Virtual and Prepaid Cards.

By utilising industry-proven architecture and a state-of-the-art processing platform, we can offer unparalleled flexibility for building and delivering Prepaid Card programs. Our full suite of services is focused on our clients' objectives and their customer’s needs, return on investment and specific business needs.

Transaction Processing

Our processing platform is a complete solution for Prepaid Card transaction processing. This enables T24 Global Issuance to offer extremely competitive products at low cost whilst delivering highly flexible solutions.

The processing platform provides full end-to-end clearing and settlement processing solutions.

Processing Products

T24 Global Issuance Pty (Ltd)'s processing products include:

• Fully secure Internet payment gateway with client plug-in
• Fraud and audit system for processing transactions through payment gateway
• Secure client control centre for sending/receiving files to/from report distribution centre
• Card processing programs for prepaid, stored value and payroll accounts
• Fee payment distribution system, with full distributor and agent reporting

For additional information and any queries you may have please contact us.