Premier

Secure Online Shopping & Global Purchases
with a FREE Revolving Credit Facility

Premier ADVantage Card provides Secure Online Shopping,

Digital Payments, Global Point-Of-Sale & ATM Acceptance and

an INTEREST FREE Revolving Credit Line.

Premier ADVantage Card Product Strategy

The Premier ADVantage Card has been designed as a stand-alone product and to further enhance the user experience and service level of our PayPayYa offering.

This exciting offering transforms an intangible payment channel into a Tangible Product that also drives revenue through cross selling and upselling opportunities.

Premier ADVantage Card Overview

♦  Virtual & Physical Cards

♦  Secure Online Shopping

♦  Digital Payments

♦  Subscription Management

♦ FREE Revolving Credit

Our Premier ADVantage Card is a prepaid Association debit card with an INTEREST FREE Revolving Credit Facility. Through the provision of just-in-time funding during the transaction authorisation process, a credit line is extended to consumers that is repayable within 30 days at no interest.

Premier ADVantage Card is offered in 3 subscription tiers, which offers ALL-INCLUSIVE transactions at the fixed cost of the chosen monthly subscription option, as well as the option to pay-per-use for transactions that exceed the all-inclusive transaction count.

Consumers can pay for goods or services at more than 35 million merchants worldwide and perform global ATM transactions.

Premier ADVantage Card afford subscribers the ability to create one-time-use Virtual Cards that can be used for Securely Online Purchases or to manage recurring subscriptions.

These Virtual Cards could also be used as payment funding methods for various Digital Payment Applications globally.

We are able to issue both our Virtual & Physical Premier ADVantage Cards through Private Label Issuing agreements with duly registered and regulated eMoney Institutions.

Just-In-Time Credit Funding

Our Premier ADVantage Card is a prepaid Association debit card with an INTEREST FREE Revolving Credit Facility. Through the provision of just-in-time funding during the transaction authorisation process, a credit line is extended to consumers that is repayable within 30 days at no interest.

Premier ADVantage Card is offered in 3 subscription tiers, which offers ALL-INCLUSIVE transactions at the fixed cost of the chosen monthly subscription option, as well as the option to pay-per-use for transactions that exceed the all-inclusive transaction count.

When the card is swiped at a Point-of-Sale, the authorisation request is passed to the FinTech Card Issuer, which then requests further authorisation from us. Upon receipt of the authorisation request, we perform a balance lookup query on the customer’s eWallet account. The shortfall is then checked against the customer’s Available Credit Facility, whereafter we then pass funding, in the exact amount of the transaction shortfall, through an API call, from our Funding Account to the relevant customer eWallet account. This amount is then deducted immediately from the eWallet to complete the payment authorization request.

Fraud risk is dramatically reduced as funds from the program reserve is only used on approval of each transaction. This allows for greater control and better cash flow management.

The card or associated eWallet could thus carry a zero or insufficient balance, until the time of transaction, when we authorize the release of funds. This eliminates the need to guess the amount that would be needed to cover purchase transactions at the time of sale.

Just-In-Time Credit Funding is made possible, by our FinTech providers affording us the opportunity to interject in the authorisation process in real time, through automated API process integration.

PayPayYa & Premier ADVantage Card

Premier ADVantage Card customers can subscribe to a PayPayYa ALL-INCLUSIVE Payment Bundle of their choice or pay for eWallet transactions on a pay-per-use basis, with no minimum monthly commitment for the PayPayYa service.

Pay-Per-Use Transaction Fees

Premier ADVantage Card customers that do not subscribe to a monthly service plan, and are paying for Card Transactions on a pay-per-use basis, with no minimum monthly commitment, will incur the following Pay-Per-Use Transaction Fees:

eWallet & Card Operation

eWallet & Card Operation, including how to Deposit & Withdraw Funds, is best explained through the following eWallet Operation Diagram:

Excluded Territories

PayPayYa can issue eWallets and related services to individuals in all countries and territories, except to those that fall within our list of Excluded Territories:

Afghanistan, American Samoa, Anguilla, Antigua and Barbuda, Aruba, Bahamas, Bangladesh, Belize, Benin, British Indian Ocean Territory, British Virgin Islands, Brunei Burkina Faso, Burundi, Cambodia, Cape Verde, Caribbean Netherlands, Cayman Islands, Central African Republic, Chad, Christmas Island, Cocos (Keeling) Island, Comoros, Congo, Cook Islands, Cuba, Djibouti, Dominica, Dominican Republic, Equatorial, Guinea, Eritrea, Federal Republic of Somalia, Fiji, French Polynesia, French Southern Territories, Gabon, Gambia, Grenada, Guam, Guinea, Guinea Bissau, Guyana, Haiti, Honduras, Iran, Jordan, Kiribati, Kosovo, Lesotho, Liberia, Malawi, Maldives, Mali, Marshall Islands, Mauritania, Mauritius, Mayotte, Micronesia, Montserrat, Nauru, New Caledonia, Niger, Niue Norfolk Island, North Korea, Northern Mariana Islands, Pitcairn, Reunion, Rwanda, South Georgia & South Sandwich Islands, Saint Barthelemy, Saint Kitts and Nevis, Samoa, Sao Tome and Principe, Seychelles, Sierra Leone, South Sudan, Sri Lanka, St Pierre Et Miquelon, St. Helena, St. Vincent and The Grenadines, Sudan, Svalbard and Jan Mayen, Swaziland, Syria, Timor-Leste, Togo, Tokelau Island, Tonga, Turks & Caicos Islands, Tuvalu, US Minor Outlying Islands, US Virgin Islands, Vanuatu, Vatican City State, Wallis and Futuna, Western Sahara and Zimbabwe.

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