Panama Debit and Credit Cards
access2cash is a prepaid bulk issue card program designed for travel money, remittance, payroll and affiliate use, managed and issued by Genericard Corp in association with DoBusinessinPanama.com
Executive Summary
- Cards operate for ATM withdrawals on Visa Plus network, and on Star POS system.
- Cards can be issued for stock, pending activation by the final cardholder
- Neutral, generic brand ideal for small volume closed circuit programs (co-branding is available on quantities over 500 cards)
- Simple activation online only takes a few hours (upload of ID and utility bill required)
- Secure platform managed from Panama
- Card accounting is in USD
- Order from ten cards up to hundreds as needed
- No fees for set-up etc
- Simple and secure login for cardholders using PIN
- Free customer service via IVR and online
- Full card-to-card online transfer facility for remittance use
Funding
Card funding may be carried out by daily batch file or, in the case of one-time fundings manually by PGP signed email, from the credit balance held in your Genericard corporate account.
Default Usage Limits
The following are the default usage limits. If required, these may be increased on written request by cardholder once funds are on the account.
Daily Limit Monthly Limit
ATM withdrawal (up to 3 transactions / day): $1000 $2700
ATM deposit (up to 5 transactions / day): $1000 $2700
POS debit (up to 10 transactions / day): $1000 $2700
POS refund (up to 5 transactions / day): $2700 $2700
Card-to-card transfer, debit: $300
Card-to-card transfer, credit: $300
Fee Disclosure
Following are the fees paid by the cardholder on the access2cash card program. All fees in US dollars.
| Monthly maintenance |
4.95 |
| Load / Reload |
2% minimum 0.50 |
| Reload from Credit Card (
web based) |
By arrangement |
| Reload from ACH (web based) |
Not available |
| Reload from ACH Guaranteed (web based) |
Not available |
| ATM fees Domestic |
5.00 |
| ATM fees Domestic Decline |
5.00 |
| ATM fees International |
5.00 |
| ATM fees International Decline |
5.00 |
| Account Inquiry (ATM only) |
1.00 |
| Card to Card transfer |
5.00 |
| Card to Bank transfer |
4.00 |
| Administrative fee/close account/liquidation |
25.00 |
| Returned Item fee |
25.00 |
| Overdraft fee |
25.00 |
| Express Shipping |
25.00 |
| POS Debit Domestic |
1.00 |
| POS Debit International |
1.00 |
| POS Debit decline Domestic |
1.00 |
| POS Debit decline International |
1.00 |
| Bill Payment (per month) |
n/a |
| Merchant setup |
n/a |
| Employer setup |
n/a |
| Payroll load fee per transaction |
n/a |
| Live customer service |
2.00 |
| Physical statements (plus courier charge) |
2.00 |