Single Loaded Prepaid (SLP)
This is a prepaid card that can be loaded only once and used until the balance is spent or until the card expires in the case of promotional cards. These cards are often used for gifting, corporate incentives, and program rebates.
General Purpose Reloadable (GPR)
A GPR prepaid card is a card that can be loaded repeatedly with additional funds, after the initial load, to allow for continued use by the cardholder. These cards can be used for financial services, payroll, expense management, travel, health, transit, and government disbursements. Know your client (KYC) procedures are applicable to this product.