Creating and setting up cards
Card issuing
Cards can be issued in the section https://private.mybrocard.com/personal/cards.
When issuing a card, there are filters available :
Visa - only cards with Visa payment network are displayed.
Mastercard - only cards with Mastercard payment network are displayed.
Account balance - cards that use the owner’s total account balance when making transactions are displayed.
For any purchases - cards that can be used to perform any online payments are displayed.
*There are somePopularMicro-payments on blocked cards
Micro-payments for blocked cards
This function can be used as a convenient feature to reduce the costs of fees for rejected payments, as well as reduce the decline rate.
As it is known, when trying to withdraw a payment the FB makes up to thirty attempts, which can lead to a commission for rejected payments up to $ 15 ($0.5 for each attempt) and also negatively affects the decline rate index. So, it is reasonable to pay the the FB bills in amount of not less than $15.
How does one enableSome readersVirtual cards (BINs)
Virtual cards (BINs)
There are more than 20 different types of cards (BINs) available in the BROCARD system. This number is constantly increasing, about which we make notifications in our news channel in telegram https://t.me/mybrocard
Cards payment systems:
Visa
Mastercard
Cards currencies:
USD
EURO
We have two types of cards:
Cards with account balance - these are cards that use the account balance and do not reserve funds on the card's account.Few readersDecline rate
Decline rate
For successful payment management, it is important to understand what a decline rate is. This indicator represents the percentage of rejected transactions from the total number of transactions performed. You can find information about your decline rate in the "Desktop" section. Decline rate is calculated for the company, team and individual user for 7 and 30 days.
Teamowner has access to an individual decline rate, as wFew readersCard Types
Card Types
Cards with their own balance
Cards with their own balance reserve funds from the cardholder's account balance.
The reserved part of the balance is not available for cards with account balance. It is important to mention that when the card is suspended or blocked, the reserved funds will be transferred to the available balance.
Cards with account balance
Cards with account balance use the balance of the user who have issued the card. The reserved balance is not availableFew readersMass actions with cards
Mass actions with cards
In the "Cards" section opportunities for mass actions with cards are provided. To do this, one can check or uncheck the "checkbox" located to the left of each card. After selecting the necessary cards, one will get access to the appropriate actions on the top panel.
Suspend
This action puts the card on pause. Merchants cannot debit funds from the card during a pause.
Activate
This action resumes the work of the card,Few readersBulk Card Issuance
Bulk Card Issuance
When creating a card, activate the checkbox named “Need multiple cards?”. In the fields that open, you can specify the necessary number of cards of the selected BIN that need to be added, after which you just have to wait for the processing of the bulk issuance.
The balance on the cards, as well as the name - will be the same for all created cards.
Bulk issuance is also available via API.
⚙️You can connect the API and study the detailed documentation in the correspondiFew readers