Zum Rails brings reloadable Mastercard prepaid cards

By Vriti Gothi

Zum Rails, has launched its suite of Mastercard-powered prepaid card programmes in Canada. The initiative marks a significant milestone in the company’s mission to accelerate the digital transformation of payments, equipping businesses with the tools to deliver faster, more secure, customer-centric financial experiences.

The new reloadable prepaid cards, seamlessly integrated within Zum Rails’ existing payment infrastructure, have been designed to streamline expense management, modernise wage disbursements, expand consumer reward options, and provide real-time payment flexibility. Businesses can now issue branded cards supported by Mastercard’s global network, enabling trusted, scalable transactions across more than 200 markets worldwide.

By combining Zum Rails’ embedded finance capabilities with Mastercard’s global reach, Canadian businesses gain a powerful new platform to strengthen customer loyalty, extend brand engagement, and unlock new revenue opportunities. The solution enables companies to issue reloadable prepaid cards for corporate spending, facilitate instant disbursements for employees and contractors, and deliver branded financial experiences tailored to consumer needs, including credit-building opportunities that help advance financial inclusion.

Each programme is managed end-to-end by Zum Rails, covering onboarding, compliance, transaction processing, and customer support. With this full-service approach, businesses can integrate modern payment solutions seamlessly into their operations while maintaining their own brand identity.

Miles Schwartz, CEO and Co-Founder of Zum Rails, said, “At Zum Rails, we believe money should move at the speed of business, and we’re making it easier for businesses to embed smarter, faster payments into their operations. With our Mastercard-powered prepaid card programmes, companies can now offer branded, reloadable prepaid cards that move money in near real time without the complexity of traditional infrastructure.”

Balinder Ahluwalia, Senior Vice President & Group Head, Market Development & Digital Partnerships, Mastercard Canada, said, “Mastercard is proud to support Zum Rails in delivering modern, embedded payment solutions that meet the evolving needs of Canadian businesses. Together with Zum Rails, we’re helping companies unlock new ways to move money and serve their customers.”

This launch represents a strategic step in reshaping the future of payments, reinforcing speed, security, and empowerment as core principles of financial innovation.