GiveCard, a platform designed for nonprofits and government agencies to disburse and manage funds via prepaid accounts, has announced a strategic collaboration with Visa. This partnership enables GiveCard to issue virtual and physical prepaid cards directly to recipients through various U.S. government agencies.
The collaboration aims to support the public sector’s transition to cashless operations by providing infrastructure for secure ledger transfers at scale. This includes not only prepaid debit cards but also GiveCard-powered real-time bank transfers and automated workflows designed to reduce administrative overhead. As the federal government progresses with efforts to modernize payments, including an executive order to phase out paper checks by September 30, 2025, agencies are seeking digital-first, audit-ready payment systems. The GiveCard–Visa collaboration offers a comprehensive solution that integrates GiveCard’s disbursement technology with Visa’s prepaid debit card capabilities.
Lurein Perera, Co-Founder and CEO of GiveCard, stated, “The world is going cashless, and government and nonprofit systems have been working to modernize their payment systems to keep up. We built GiveCard to close that gap, offering a platform that empowers public-sector organizations to move money quickly, compliantly, and without requiring a 20-person operations team.”
GiveCard’s infrastructure features high-limit virtual and physical prepaid debit cards, alongside ACH, RTP, and FedNow bank transfers. The platform provides a full-service cardholder support system, accessible via its platform and a live interpreter network operating in over 25 languages. Agencies can also utilize no-code dashboards, APIs, and customizable workflows to automate disbursement logic, such as eligibility checks or attendance triggers, without needing to develop systems from scratch or hire additional staff.
Rick Malcolm, Head of Visa Government Solutions North America, commented, “GiveCard has built a simple and intuitive platform that helps eliminate the cost, time and complexity associated with disbursement of funds. Their ability to integrate into government disbursement systems to manage complex and high-volume payments has made them an early success in the public sector, and we look forward to what we can accomplish together for our customers and stakeholders in the government sector.”
GiveCard’s platform is designed specifically for disbursement, facilitating the transfer of funds to individuals with minimal friction, particularly for unbanked or underbanked populations. The system supports programs such as housing aid, disaster relief, and research incentives, without requiring an SSN or ID, while maintaining full Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) compliance. This new collaboration will allow state and local governments, school districts, and nonprofit organizations to rapidly implement and scale digital disbursement programs utilizing Visa-backed prepaid cards and secure digital rails.
Founded in 2018, GiveCard has facilitated the disbursement of millions of dollars to hundreds of thousands of individuals across the U.S.
