Mastercard Prepaid Card

Secure. Convenient. Paperless Payments.

The CIBC Caribbean Mastercard Prepaid card  is a multi-purpose, pre-loaded card that can be used for payroll, disbursements, social benefit, and payments. It is a digital end-to-end paperless alternative to cash and cheques for business, corporate or government entities. 

The CIBC Caribbean Mastercard Prepaid card  can be used locally or internationally, wherever Mastercard is accepted, and affords cardholders easy and immediate access to their funds via ATMs, Point-of-sale (POS) terminals and online transactions. 

The card is equipped with Contactless Payment capability and Chip & PIN features to provide stronger security, better fraud protection and worldwide acceptance.
 


Designed with your unique needs in mind, the Mastercard Prepaid Card is a paperless alternative to cash and cheques.


Easy to order

  • Mastercard Prepaid cards are ordered using the CIBC Caribbean Corporate Online banking portal
  • Mastercard Prepaid cards are delivered via courier within just a few business days. 
  • Plus, there are no limits on the number of cards that can be issued by your organization.
     
Easy to manage

Using the CIBC Caribbean Corporate Online banking businesses, corporate or government entities can enjoy:

  • Greater control over day-to-day banking functions
  • Verification and approval capabilities for file upload
  • Improved security features, including the use of RSA token software rather than physical tokens
  • More flexible administrative tools
     

 

Easy to use

CIBC Caribbean Corporate Online banking can also be used to:

  • Setup a CIBC Caribbean Mastercard Prepaid card profile
  • Request new CIBC Caribbean Mastercard Prepaid cards for beneficiaries
  • Request replacement cards for beneficiaries
  • Load Mastercard Prepaid cards
  • Reload Mastercard Prepaid cards
  • Block cards
  • Unblock cards
     
Easy control of funding

Each cardholder can use their Mastercard Prepaid Card to: 

  • Get cash from automated banking machines (ATMs)
  • Pay for point-of-sale (POS) purchases
  • Shop online—wherever Mastercard is accepted.


 The cardholder however is not able to load funds onto their own card.
 

Easy online management

  • Greater control over day-to-day banking functions
  • Verification and approval capabilities for file upload
  • Improved security features, including the use of RSA token software rather than physical tokens
  • More flexible administrative tools

Benefits for business, corporate or government entities

Benefits for recipient cardholders

Ready to get started?

 

Contact our Sales Team today.

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