Card programs
Launch a card program, not a card company.
Berkeley issues, funds, and operates prepaid and general-purpose card programs across the US and Canada. You bring the product and the brand. We carry the bank relationships and the money movement, guide and manage the compliance alongside you, and keep your funds in an account we never touch.
20 years operating live programs · Visa and Mastercard issuer · SOC 2, PCI DSS, RPAA, FINTRAC
Programs we operate:
Programs we run
One card platform, configured to the job. Start from the program closest to yours.
Disbursement & payout
Get money to people fast: claims, refunds, benefits, settlements, and relief.
H&R Block · Red Cross
Rewards & incentive
Prepaid rewards, rebates, and loyalty payouts that recipients actually spend.
Coca Cola · LG
Payroll & earned wage
Pay wages, tips, and earned-wage advances straight to a card.
Dayforce
Banking & GPR
A reloadable general-purpose card as the core of a banking or neo-bank product.
EQ Bank
What running it end to end means
Five things you would otherwise build, hire for, and maintain. We do them.
01
Issue
We issue open-loop Visa or Mastercard cards, virtual or physical, Google and Apple Wallet enabled, branded as you.
02
Fund
Load funds onto cards in real time, and reload them as often as your program needs.
03
Distribute
Send cards and let cardholders receive and / or activate through a portal that carries your brand.
04
Operate
We handle KYC, disputes, fraud, servicing, and reconciliation, with a named team on your account.
05
Guide compliance
We hold the bank and network relationships and our own compliance estate, and we guide your program through the obligations that apply to it.
Included in every program
Virtual and physical
Instant virtual cards and branded plastic from the same program.
Apple Pay and Google Pay
Tokenized to mobile wallets at issuance.
Spending controls
Limits, categories, and merchant rules set per card or per group.
No-fee ATM access
Cash access without eroding the balance.
Card design and branding
Your art on the card and the whole cardholder experience.
Cardholder portal
Balance, activation, and support in a portal you can white-label.
Lifecycle management
Issue, freeze, replace, and close, by API or console.
Reporting and reconciliation
Real-time balances and statements down to the cardholder.
Compliance and security
Enterprise-grade trust built in
Berkeley operates as a compliant financial backbone that’s aligned with federal regulatory frameworks.
- Full Regulatory Chain
KYB, KYC, and AML coverage built into every client deployment. FINTRAC, RPAA, FinCEN and BSA aligned across the US and Canada. - SOC 2 & PCI DSS 4.0
Annual third party audits confirm Berkeley meets the security and availability standards required by enterprise procurement teams. - Bank-Controlled Funds Environment
Funds reside in bank-controlled omnibus accounts. Berkeley never holds or controls client funds - ever. - Immutable Ledger
All transactions are cryptographically verifiable and automatically reconciled with ownership auditability at every layer.
SOC 2 Type II
Security and availability verified annually.
PCI DSS 4.0
Security and availability verified annually.
3D Secure
Issuer verified authentication built into transactions.
Regulatory compliance
We manage and adhere to FINTRAC, RPAA, FinCEN and BSA frameworks.
Card types and formats
The building blocks, so you can match the format to the program. Not a decision you have to make alone.
Format
Best for
Reloadable
Networks
Typical program
Format
Reloadable (GPR)
Best for
Ongoing balances and repeat funding
Reloadable
Yes, any number of times
Networks
Visa, Mastercard
Typical program
Banking, payroll, earned wage
Format
Non-reloadable
Best for
One-time value to a recipient
Reloadable
No, single load
Networks
Visa, Mastercard
Typical program
Rewards, rebates, one-off payouts
Format
Virtual
Best for
Instant issue, online and wallet spend
Reloadable
Either
Networks
Visa, Mastercard
Typical program
Disbursement, incentives, expense
Format
Physical
Best for
In-person spend and cash access
Reloadable
Either
Networks
Visa, Mastercard
Typical program
Banking, payroll, benefits
Ready to build on better infrastructure?
Whether you're launching a new payment product or replacing a fragmented stack, Berkeley's team can get you to market faster than you think.