Mastercard Prepaid

pmt_mastercard_prepaid
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Mastercard Prepaid spends value loaded before purchase through participating Mastercard acceptance. Issuers offer reloadable, gift or specialist programmes, with balance rules, eligible merchants and cash access defined locally, bringing card functionality to prefunded spending.

Use cases:
Initiation:
Users
25M
Markets
30
TPV
$12B
Transactions
307M

Estimated Monthly Usage, Aurato Research, October 2026

Historical trends

Capabilities

Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities

Markets

Estimated Monthly Usage, Aurato Research, October 2026

PSPs

Schemes

Compliance

Regulator
Bank of Italy

Standards