Koṣa Issuing
Configure, issue, authorize and manage. A modular card issuing and payment account platform that carries credit, debit, prepaid, corporate, fleet and digital wallet products through one account master, one card entity and one authorization pipeline.
One card entity, every product line
Cards & Accounts is where every product on the platform starts. It owns the account master and every card issued against it, across a six-product portfolio that resolves to one unified card entity — issued, authorized and serviced through the same core pipeline.
A new product line does not mean a new platform. Balances and credit limits live at the account level, the billing cycle that turns them into a statement is its own module downstream, and every transition is recorded for audit.
- Complete account record with statuses, block codes and supplementary cards
- Account hierarchy for corporate parent, employee and fleet structures
- Full operator audit history behind every issuance and block action
| Card product | Balance model |
|---|---|
| Credit | A revolving credit line, with limit and open-to-buy managed in Billing & Statements. |
| Debit | A real cash balance with no credit line — every approved transaction debits it in real time. |
| Prepaid | Closed-loop stored value on a ledger, with per-load expiry and soonest-expiring-first consumption. |
| Corporate | Employee cards drawing on one company facility limit, with department and per-card sub-limits. |
| Fleet | Vehicle-assigned cards on the same company facility, attributed by vehicle and driver. |
| Digital wallet | A stored-value wallet account independent of any card, supporting multi-currency balances. |
Fourteen operational modules
Everything an issuing operation touches in a day, from the portfolio dashboard through to legal referral — built as one platform rather than an integration project.
Overview
Portfolio dashboards, authorization performance and real-time alerting on real numbers rather than estimates.
Cards & Accounts
Account master, card issuance, personalization, activation, renewal and replacement across all six products.
Billing & Statements
Monthly billing cycles, EMI conversion, fee waivers, payment allocation and nightly batch processing.
Collections & Recovery
Delinquency treatment ladder, promise-to-pay tracking, agency placement, settlement offers and legal referral.
Disputes & Chargebacks
Full dispute lifecycle with network cycle handling, automatic deadline monitoring and case-book reporting.
Customer & Party
Customer master and servicing built on real history, with KYC request lifecycle and consent tracking.
Wage Protection (WPS)
Salary file ingestion and disbursement, exception handling, employer refunds and regulatory filing.
Authorization & Switching
Real-time authorization, message lifecycle, reversal handling and settlement posting.
Transactions & Clearing
Transaction ledger and matching, clearing, settlement, treasury, inquiry and reconciliation.
Risk, Fraud & Compliance
Predefined rules and real-time monitoring across the portfolio, with case management and audit trails — powered by momentPay Shield.
Finance & General Ledger
Liability-side ledger postings, GL integration and financial control over every account movement.
Loyalty & Rewards
Flexible schemes that drive customer engagement, configurable per product and market.
Platform Configuration
Product parameters, fees, limits and business rules configured by the bank rather than hardcoded.
Security & Access
Role-based access, operator audit history and card-level security services including the hot-card list.
What the platform does out of the box
Full card lifecycle
Instant virtual issuance alongside physical production, embossing and fulfilment, activation, scheduled renewal ahead of expiry, and replacement or reissue. Every card moves through the same tracked status model, which is what lets an agent handle a credit card and a fleet card the same way.
Card-level security services
HSM-grade PIN issuance and change, card blocks and status control, and a hot-card list that makes a lost or stolen card unusable across the platform the instant it is reported. A lost or stolen card always gets a new number, so the compromised one can never be reused.
Corporate and fleet programs
One company facility limit shared across every employee card issued under it, with department hierarchy, per-card spending controls by merchant category, channel and cash access, consolidated billing and a central payment sweep. Fleet cards attribute spend by vehicle and driver.
Digital wallet and tokenization
Stored-value wallet accounts with wallet-to-wallet transfer, personal QR pay and receive, multi-currency balances and velocity limits with automatic step-up KYC. Cards provision into phone-based wallets, with tokens kept in sync whenever a card is blocked, replaced or renewed.
Two everyday operations, end to end
Opening a new card account
- An agent opens an account under the customer record and selects the product.
- A card is issued against it — instantly as a virtual card, and queued for physical production.
- The embossing batch picks up queued cards on its scheduled run and generates the personalization bureau file.
- The cardholder activates by app, phone or first transaction inside the configured window.
Handling a lost or stolen card
- The cardholder or agent reports the card lost or stolen and it is blocked immediately.
- The block publishes to the hot-card list, so authorization declines any further attempt instantly, anywhere.
- A replacement is issued with a new card number, so the compromised number can never be used again.
- The account keeps every prior card generation on record.
Open, flexible, connected
Koṣa fits into the landscape you already run rather than demanding you replace it. Open APIs and pre-built connectors cover the systems an issuing operation depends on.
See the platform technologyChannels
Mobile app · web portal · branch · POS and ATM · contact centre
Core systems
Core banking · general ledger · card personalization · HSM and key management · monitoring
External partners
KYC and identity verification · fraud and risk · credit bureau · loyalty · fintech partners
Interfaces
REST APIs and webhooks · ISO 8583 · SDKs · developer portal and sandbox
Build the next generation of card issuing
Walk through your product portfolio, your card programs and the systems Koṣa would need to sit alongside. We will map it to the platform and scope the work.