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Citi Prepaid Services
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Citi Prepaid Services is a division within Citi's Treasury and Trade Solutions (TTS) group that offers scalable prepaid card programs for business and public sector clients. These programs are used for various disbursement needs, including payroll, employee incentives, consumer rebates, government benefits, and clinical trial payments. In 2017, Citi divested its North American prepaid card operations to Wirecard AG. However, Citi continues to operate its prepaid services globally and remains the issuer for cards in many regions, leveraging the Visa and Mastercard networks to provide flexible and secure payment solutions.
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