Simplify how you issue payments – securely, globally, and on your terms.
iOL Pay allows you to issue virtual credit cards (VCCs) in seconds, across 31 currencies and multiple industries - with zero setup, no caps, and full control.
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Instant VCC issuance across Mastercard and Visa.
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The smarter way to pay – no bank fees, low FX, and built-in rebates.
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Fully managed solution with no banking agreements required.
Issue smarter, pay faster.
Modernize your accounts payable with flexible, fully managed virtual card issuing – designed to save time, reduce cost, and scale with your business.
Global scale
Deposit and issue payments in 31 currencies and pay like a local across markets.
North America
South America
Middle East & Africa
Europe
Asia Pacific
Download the iOL Pay for Issuing product deck now.
iOL Pay for Issuing
iOL Pay for Issuing is a fully managed virtual card issuing platform that enables businesses to issue secure outbound payments instantly across multiple industries and geographies.
Virtual credit cards can be issued in seconds, enabling fast and controlled payments without delays, banking friction, or manual processing.
The platform supports both Mastercard and Visa virtual cards, providing global acceptance and flexibility across suppliers and markets.
No. There are no caps on the number of cards issued or transactions processed, allowing businesses to scale payments freely.
iOL Pay for Issuing supports issuing and settlement across 31 global currencies, enabling local-like payments across multiple regions.
No. The platform is fully managed by iOL, eliminating the need for separate banking relationships, approvals, or negotiations.
Yes. Businesses can define activation dates, expiry rules, usage limits, and controls to maintain full oversight of every issued card.
Yes. Optimized forex rates and rebate structures apply to issued payments, helping reduce costs and improve overall payment efficiency.
All card data is tokenized and managed in compliance with PCI DSS and PSD2 standards, ensuring all issued payments are secure and regulated.
iOL Pay for Issuing is industry-agnostic and supports any business that needs to issue secure, scalable outbound payments globally.