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Prepaid Cards Solution


Location
West Virginia
Publication Date
09/27/2019 11:52 AM EDT
Closing Date
10/15/2019 04:00 PM EDT
Issuing Organization
West Virginia University
Solicitation Number
Description

Specifications include, but are not limited to: 2.1. Prepaid cards that are assigned to an individual person, as well as the option for cards that are not assigned to a specific individual 2.1.1. Assigned cards must have the ability to be reloadable. 2.1.2. Anonymous cards will not be reloadable. 2.1.3. The highest dollar amount allowed to be loaded to a card would be $10,000. 2.1.4. In some cases, recipients of the prepaid cards may not have a Social Security Number and/or physical U.S. address. 2.2. An online system for adding recipients, approving payments, and pulling information for tax purposes 2.3. An online tool to preā€load funds and enter recipient information (if applicable) 2.4. A tracking method for total dollar amount of payments issued to each person for the purposes of 1099 reporting 2.5. The ability to retract unused funds

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