The present disclosure provides a system and a method to provide instant loading/crediting for requested payment to white label prepaid card, upon initiating transaction from customer. The proposed system provides loan to customer using a pseudo credit card. The proposed system allows Micro-Finance Centre (MFC) to receive loan request along with prepaid card application from customer. The proposed system allows customer to do transaction with the prepaid card and provides instant loan for the requested amount from account of the MFC. The instant loading/crediting of requested amount may be accessed through website or mobile banking application provided by the MFC. The proposed system provides online loan to customer during transaction.
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CHANCHIKOV, OLEG, "SYSTEM AND METHOD FOR PROVIDING INSTANT LOADING FOR REQUESTED PAYMENT TO WHITE LABEL PREPAID CARD", Technical Disclosure Commons, (August 09, 2021)