This option lets you pay someone out via a single-load prepaid card—they receive a link, claim the card in a couple of taps, and then spend it like a normal card online or in-store (where supported), without needing bank details.
In the flow, the recipient simply chooses Prepaid (Single Load), confirms, and gets instant access to their card details (or a digital card they can use right away). Runa lets you set an expiry on the single-load prepaid card - you can choose 3, 6, or 12 months depending on your program. That expiry becomes the card’s “use-by” window, so recipients have a clear timeframe to claim and spend, while you keep control over policy and outstanding balances.
Disclaimer: Cards are issued by Sutton Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Runa is a financial services company and not itself an FDIC-insured institution. FDIC deposit insurance coverage only protects against the failure of an FDIC-insured deposit institution. FDIC insurance coverage is subject to pass-through insurance requirements per ownership category. Certain conditions must be met for pass-through coverage.