> ## Documentation Index
> Fetch the complete documentation index at: https://docs.venlyfinance.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Card Issuance (Coming Soon)

> White-label Mastercard debit cards linked to USDC wallets

<Warning>
  **Coming Soon** - Card Issuance is currently in development and will be available in Q2 2026. This documentation provides an overview of the upcoming features.
</Warning>

## 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.

<CardGroup cols={2}>
  <Card title="Virtual Cards" icon="credit-card">
    Instant issuance for online and mobile payments
  </Card>

  <Card title="Physical Cards" icon="wallet">
    Branded plastic cards for in-person transactions
  </Card>

  <Card title="USDC Integration" icon="coins">
    Direct spending from stablecoin wallets
  </Card>

  <Card title="Interchange Revenue" icon="chart-line">
    Earn revenue on every card transaction
  </Card>
</CardGroup>

***

## 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 Model

Capture interchange fees on every card transaction:

* **Typical Interchange**: 1.5% - 2.5% per 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

<Steps>
  <Step title="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
  </Step>

  <Step title="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)
  </Step>

  <Step title="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
  </Step>

  <Step title="4. Transaction Processing">
    Real-time authorization and settlement

    ```
    1. Cardholder makes purchase
    2. Merchant requests authorization
    3. Venly checks USDC wallet balance
    4. Transaction approved/declined
    5. USDC converted to fiat at POS
    6. Settlement to merchant
    7. Interchange fee captured
    ```
  </Step>

  <Step title="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
  </Step>
</Steps>

***

## 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 interchange fees paid by merchants:

```
Transaction: $100 purchase
Interchange Rate: 1.8%
Interchange Fee: $1.80

Your Revenue: Captured per transaction
```

### Revenue Potential

Interchange revenue scales with monthly card spend. Larger programs unlock both higher absolute revenue and improved per-card economics. Actual interchange rates vary by merchant category, card type, and transaction type — typical range is 1.5% – 2.5%.

***

## 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)

```bash theme={null}
# 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

### Q2 2026 - Initial Launch

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

### Q3 2026 - Enhanced Features

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

### Q4 2026 - 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\
✅ **Minimum Volume**: €500K+ monthly expected card spend\
✅ **Technical Integration**: API integration capability

### Early Access Program

<Card title="Join the Waitlist" icon="bell">
  Register your interest for early access to Card Issuance

  **Benefits:**

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

  **Contact**: [venlyfinance.com/contact](https://venlyfinance.com/contact)
</Card>

***

## 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)      |
| **Interchange Revenue**    | 0-30% share             | 70-85% share          |
| **Crypto Integration**     | Limited/None            | Native USDC support   |
| **Monthly Fees**           | €5-10 per card          | €2.50 per card        |
| **Settlement Time**        | T+2 to T+5              | Real-time             |
| **White-Label**            | Limited customization   | Full branding control |

***

## Frequently Asked Questions

<AccordionGroup>
  <Accordion title="What currencies are supported?">
    At launch, cards will be linked to USDC wallets on Base blockchain. Support for EURC and USDT is planned for Q3 2026.
  </Accordion>

  <Accordion title="How quickly can cards be issued?">
    Virtual cards are issued instantly upon approval. Physical cards are produced and shipped within 5-7 business days.
  </Accordion>

  <Accordion title="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.
  </Accordion>

  <Accordion title="How is interchange revenue calculated?">
    Interchange is calculated as a percentage of each transaction (typically 1.5-2.5%) and varies by merchant category. You receive 70-85% of the interchange fee based on your volume tier.
  </Accordion>

  <Accordion title="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.
  </Accordion>

  <Accordion title="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.
  </Accordion>

  <Accordion title="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.
  </Accordion>

  <Accordion title="Are ATM withdrawals supported?">
    Yes, cardholders can withdraw cash at any Mastercard-enabled ATM worldwide. Standard ATM fees apply (€2.00 per withdrawal).
  </Accordion>
</AccordionGroup>

***

## Next Steps

<CardGroup cols={2}>
  <Card title="Join Waitlist" icon="bell" href="https://venlyfinance.com/contact">
    Register for early access
  </Card>

  <Card title="Finance API" icon="code" href="/api-reference/Finance-API/accounts/list-all-accounts">
    Explore wallet integration
  </Card>

  <Card title="Contact Sales" icon="comments" href="https://venlyfinance.com/contact">
    Discuss your card program
  </Card>

  <Card title="Pricing Calculator" icon="calculator">
    Estimate your revenue (coming soon)
  </Card>
</CardGroup>

***

## Support

Questions about Card Issuance?

* **Contact**: [venlyfinance.com/contact](https://venlyfinance.com/contact)
* **Documentation**: [docs.venlyfinance.com](https://docs.venlyfinance.com)