Card Issuance (Coming Soon)

Coming Soon - Card Issuance is currently in development and will be available soon. This documentation provides an overview of the upcoming features.

What is Card Issuance?

Venly’s Card Issuance product enables you to issue white-label Mastercard debit cards directly linked to USDC wallets. Your users can spend their cryptocurrency holdings anywhere Mastercard is accepted, while you capture interchange revenue on every transaction.

Virtual Cards

Instant issuance for online and mobile payments

Physical Cards

Branded plastic cards for in-person transactions

USDC Integration

Direct spending from stablecoin wallets

Interchange Revenue

Earn revenue on every card transaction

Key Features

White-Label Card Program

Issue cards under your own brand with full customization:

Custom Card Design: Your logo, colors, and branding
Branded Cardholder Experience: Custom mobile app integration
Your Business Name: Cards issued in your company name
Direct Program Management: Full control over card operations

USDC Wallet Integration

Seamless connection to Venly Finance wallets:

Real-Time Balance: Cards linked directly to USDC wallet balances
Instant Settlements: Transactions settle immediately from wallet
Multi-Currency Support: Automatic conversion at point of sale
Unified Treasury: Single view of wallet and card balances

Interchange revenue

Capture interchange fees on every card transaction:

Monthly Revenue: Captured on every cardholder transaction
Transparent Reporting: Real-time interchange tracking
Direct Settlement: Revenue paid directly to your account

Global Acceptance

Mastercard network coverage:

200+ Countries: Accepted worldwide
40M+ Merchants: Online and offline acceptance
ATM Withdrawals: Cash access at Mastercard ATMs
Contactless Payments: NFC-enabled for tap-to-pay

How It Works

1. Program Setup

Partner with Venly to establish your card program

Complete Mastercard program application
Configure card design and branding
Set up compliance and KYC requirements
Define spending limits and controls

2. Cardholder Onboarding

Your users complete KYC and request cards

User completes identity verification
Links USDC wallet to card program
Selects virtual or physical card
Card issued instantly (virtual) or shipped (physical)

3. Card Activation

Cardholders activate and start spending

Virtual cards: Active immediately
Physical cards: Activate upon receipt
Set PIN for ATM and chip transactions
Configure spending limits and controls

4. Transaction Processing

Real-time authorization and settlement

Cardholder makes purchase
Merchant requests authorization
Venly checks USDC wallet balance
Transaction approved/declined
USDC converted to fiat at POS
Settlement to merchant
Interchange fee captured

5. Revenue Capture

Earn interchange on every transaction

Interchange fees calculated automatically
Revenue tracked in real-time dashboard
Monthly settlement to your account
Detailed reporting and analytics

Card Types

Virtual Cards

Instant Issuance for Digital Payments

Instant Activation: Available immediately upon approval
Online Shopping: Use for e-commerce and subscriptions
Mobile Wallets: Add to Apple Pay, Google Pay
Secure Transactions: 3D Secure authentication
No Physical Shipping: Zero delivery time or cost

Ideal For:

Online marketplaces
Subscription services
Digital-first businesses
Quick user onboarding

Physical Cards

Branded Plastic Cards for In-Person Use

Custom Design: Your logo and branding
Contactless Enabled: NFC tap-to-pay
Chip & PIN: EMV chip security
Magnetic Stripe: Legacy terminal support
ATM Access: Cash withdrawals worldwide

Ideal For:

Retail spending
Travel and hospitality
Cash access needs
Premium user experience

Use Cases

Gaming & iGaming Platforms

Enable players to spend winnings instantly:

Issue cards to verified players
Link to player wallet balances
Instant access to winnings
Capture interchange on player spending

Revenue Potential: Capture interchange revenue on every player transaction

Crypto Exchanges & Trading Platforms

Let traders spend crypto holdings:

Convert crypto to spendable cards
Real-time balance updates
Multi-currency wallet support
Seamless fiat off-ramp

Neobanks & Fintechs

Complete banking experience:

Accounts + Wallets + Cards in one platform
Unified customer experience
Additional revenue stream
Competitive differentiation

Corporate Expense Management

Issue cards for business spending:

Employee expense cards
Department budget controls
Real-time spend tracking
Automated reconciliation

Interchange Revenue Model

How Interchange Works

Every card transaction generates an interchange fee. The acquirer pays it to the issuer, and the merchant pays its acquirer a separate merchant discount — so interchange is not a charge levied directly on the merchant. A share of that interchange is passed to you on each transaction.

Revenue Potential

Interchange revenue scales with card spend, and larger programmes improve per-card economics. The rate itself varies by merchant category, card type and transaction type.

Rates, revenue share and any per-card fees are commercial terms rather than product documentation — they are set per programme. For the figures that apply to you, or to request a quote, get in touch at venlyfinance.com/contact.

Card Controls & Security

Spending Limits

Flexible controls for risk management:

Per-Transaction Limits: Maximum single transaction amount
Daily Limits: Total daily spending cap
Monthly Limits: Monthly spending budget
ATM Withdrawal Limits: Cash withdrawal restrictions
Merchant Category Restrictions: Block specific merchant types

Security Features

Multi-layer security protection:

3D Secure: Additional authentication for online purchases
Real-Time Fraud Detection: AI-powered transaction monitoring
Instant Card Freeze: Users can freeze cards instantly
Biometric Authentication: Fingerprint/Face ID for mobile
Tokenization: Secure token-based transactions

Compliance

Built-in regulatory compliance:

KYC/AML: Automated identity verification
Transaction Monitoring: Real-time suspicious activity detection
Sanctions Screening: Automatic sanctions list checking
Regulatory Reporting: Automated compliance reports
PCI DSS Compliant: Secure card data handling

Integration Overview

API Endpoints (Coming Soon)

Not stable — do not build against these yet. The endpoints and payloads below illustrate the intended shape and will still change before release. Treat them as a preview of the design, not a contract: they are not callable today, and anything implemented against them now is likely to break.

# Issue a new card
POST /v1/cards
{
  "cardholderAccountId": "account-id",
  "cardType": "VIRTUAL",
  "walletId": "usdc-wallet-id",
  "spendingLimits": {
    "daily": 1000,
    "monthly": 10000
  }
}

# Get card details
GET /v1/cards/{cardId}

# Freeze/Unfreeze card
POST /v1/cards/{cardId}/freeze
POST /v1/cards/{cardId}/unfreeze

# List transactions
GET /v1/cards/{cardId}/transactions

# Get interchange revenue
GET /v1/cards/interchange-revenue

Webhook Events

Real-time notifications for card events:

card.issued - New card created
card.activated - Card activated by user
card.frozen - Card frozen
transaction.authorized - Transaction approved
transaction.declined - Transaction declined
transaction.settled - Transaction completed
interchange.earned - Interchange revenue captured

Mastercard Program Manager

Venly is a Mastercard Program Manager, providing: ✅ Direct Issuance Capability: Issue cards without intermediaries
✅ Program Management: Full control over card operations
✅ Compliance Support: Regulatory guidance and support
✅ Technical Integration: Complete API and webhook infrastructure
✅ Settlement Services: Direct settlement to your accounts

Roadmap

Phase 1 — Initial launch

Virtual card issuance
USDC wallet integration
Basic spending controls
Interchange revenue tracking
API and webhooks

Phase 2 — Enhanced features

Physical card issuance
Multi-currency support (EURC, USDT)
Advanced fraud detection
Mobile SDK for card management
Enhanced reporting and analytics

Phase 3 — Enterprise features

Corporate card programs
Multi-level approval workflows
Advanced spending controls
Custom card designs
White-label mobile app

Getting Started

Prerequisites

To participate in the Card Issuance program, you’ll need: ✅ Active Venly Finance Account: Verified company account
✅ Mastercard Program Approval: Complete program application
✅ Compliance Requirements: KYC/AML procedures in place
✅ Technical Integration: API integration capability

Early Access Program

Join the Waitlist

Priority onboarding when available
Discounted launch pricing
Dedicated integration support
Beta testing opportunity

Contact: venlyfinance.com/contact

Comparison: Card Issuance vs Traditional PSPs

Feature	Traditional PSPs	Venly Card Issuance
Setup Time	6-12 months	2-4 weeks
Integration Complexity	High (multiple vendors)	Simple (one API)
Crypto Integration	Limited/None	Native USDC support
Settlement Time	T+2 to T+5	Real-time
White-Label	Limited customization	Full branding control

Frequently Asked Questions

What currencies are supported?

At launch, cards will be linked to USDC wallets on Base. Support for further assets is planned.

How quickly can cards be issued?

Virtual cards are issued instantly upon approval. Physical cards are produced and shipped within 5-7 business days.

What are the spending limits?

Default limits are €1,000 per transaction, €5,000 daily, and €20,000 monthly. You can configure custom limits per cardholder.

How is interchange revenue calculated?

Interchange is calculated as a percentage of each transaction and varies by merchant category. Your revenue share is agreed commercially — ask your Venly contact.

What compliance requirements apply?

Cardholders must complete KYC verification. Your company must have AML procedures and transaction monitoring in place. Venly provides compliance tools and support.

Can I customize the card design?

Yes, physical cards can be fully customized with your logo, colors, and branding. Virtual cards display your branding in mobile wallets.

What happens if a wallet balance is insufficient?

Transactions are declined in real-time if the USDC wallet balance is insufficient. Users receive instant notifications to add funds.

Are ATM withdrawals supported?

Yes, cardholders can withdraw cash at any Mastercard-enabled ATM worldwide. Standard ATM fees apply.

Next Steps

Join Waitlist

Finance API

Explore wallet integration

Contact Sales

Discuss your card program

Pricing Calculator

Estimate your revenue (coming soon)

Support

Questions about Card Issuance?

Contact: venlyfinance.com/contact
Documentation: docs.venlyfinance.com

​What is Card Issuance?

Virtual Cards

Physical Cards

USDC Integration

Interchange Revenue

​Key Features

​White-Label Card Program

​USDC Wallet Integration

​Interchange revenue

​Global Acceptance

​How It Works

​Card Types

​Virtual Cards

​Physical Cards

​Use Cases

​Gaming & iGaming Platforms

​Crypto Exchanges & Trading Platforms

​Neobanks & Fintechs

​Corporate Expense Management

​Interchange Revenue Model

​How Interchange Works

​Revenue Potential

​Card Controls & Security

​Spending Limits

​Security Features

​Compliance

​Integration Overview

​API Endpoints (Coming Soon)

​Webhook Events

​Mastercard Program Manager

​Roadmap

​Phase 1 — Initial launch

​Phase 2 — Enhanced features

​Phase 3 — Enterprise features

​Getting Started

​Prerequisites

​Early Access Program

Join the Waitlist

​Comparison: Card Issuance vs Traditional PSPs

​Frequently Asked Questions

​Next Steps

Join Waitlist

Finance API

Contact Sales

Pricing Calculator

​Support

What is Card Issuance?

Key Features

White-Label Card Program

USDC Wallet Integration

Interchange revenue

Global Acceptance

How It Works

Card Types

Virtual Cards

Physical Cards

Use Cases

Gaming & iGaming Platforms

Crypto Exchanges & Trading Platforms

Neobanks & Fintechs

Corporate Expense Management

Interchange Revenue Model

How Interchange Works

Revenue Potential

Card Controls & Security

Spending Limits

Security Features

Compliance

Integration Overview

API Endpoints (Coming Soon)

Webhook Events

Mastercard Program Manager

Roadmap

Phase 1 — Initial launch

Phase 2 — Enhanced features

Phase 3 — Enterprise features

Getting Started

Prerequisites

Early Access Program

Comparison: Card Issuance vs Traditional PSPs

Frequently Asked Questions

Next Steps

Support