The Polaris Prepaid Card is a prefunded and reloadable card established with previously deposited, authorized or transferred funds which will be reduced by purchases, cash withdrawals and account charges. The Prepaid Card is suitable for both existing and non-customers.
Prepaid cards can also be partnership schemes. It has the logo and trademark of both Polaris Bank, and the partnering organization.
The card comes in variants of Verve and Visa.
Features:
- Card is PIN protected.
- Card can be pre-funded, that is, value is loaded on it.
- Value on lost or misplaced card is transferable to another card
- Card can be used in Nigeria on ATM, POS, Internet, Mobile
- It is a Naira denominated card.
- Card is a co-brand prepaid card with logo and trade mark of both Polaris Bank and partnering Organisation
- Daily limit is 250,000 except for closed schemes
Benefits
- Reduction in cash payments which translates to reduced cost of cash management
- Increase in corporate brand awareness and loyalty
The Verve Prepaid Card is a reloadable card that gives you access to your funds on the cards. Verve Prepaid Card is a versatile card that works with virtual account on an online-real time basis, thus making it flexible to be used for varying card schemes to accommodate all the needs of customers from varying market segments.
Features:
- Card is PIN protected.
- Card is pre-funded; value is loaded on it.
- Value on lost or misplaced card is transferable to another card
- Card can be used in Nigeria on ATM, POS, Internet, Mobile
- It is a Naira currency card
- It can be co-branded with organization's and corporate body's logo
- It can be loaded on Quick Teller and through other pay direct platforms
- It provides the convenience of loading for corporate clients
Benefits:
- Reduction in cash payments which translates to reduced cost of cash management
- Increase in corporate brand awareness and loyalty
- Verve Prepaid Card to recharge your phones, pay bills and transfer funds across all payment channels on the Interswitch network.
This is a dollar-denominated card, in which the funds are pre-loaded through funds transfers and inflows. This is issued to individuals who are existing or non-existing customers of Polaris Bank.
Features:
- Valid for 3 years
- Chip and PIN technology
- Enhanced security for Internet payments via Verified-by-Visa (VbV) services
- Can be used globally on all terminals; ATM, POS, WEB and Mobile
Benefits
- There is no annual limit on international spend
- Access to Visa global privileges and benefits
- Free/Discounted access to some Visa sponsored events and programs.
