Business / Cards & payments

Virtual cards. Instant issuance. Virtual cards. Instant issuance. Total control.

Issue virtual debit and credit cards at the moment of account opening — provisioned to digital wallets before the session closes. Real-time spend controls, freeze/unfreeze, and merchant restrictions for your business clients. Top-of-wallet from day one.

Business Cards & Payments

Employee cards • Role-based limits • Merchant restrictions • Real-time controls

Card capabilities

Beyond the standard cards. Beyond the standard cards. Built for business.

Enhanced security & fraud protection

  • Unique card details: Each virtual card has a unique card number, expiration date, and security code — keeping the primary account secure if any card is compromised.
  • One-time-use or merchant-specific cards: Virtual cards can be designated for a single transaction or restricted to a specific merchant — an additional security layer for high-value purchases.

Instant issuance & convenience

  • Available immediately: Virtual cards are issued at the moment of account opening — no waiting for mail delivery. Business clients are transacting within the same session as onboarding.
  • Real-time tokenization: Instant provisioning to digital wallets drives top-of-wallet status from day one, maximizing interchange revenue for your institution.

Complete control over spending

  • Customizable spending limits: Set specific spending limits and expiration dates for each card, merchant, and user — full real-time control over company expenditure.
  • Employee cards with role-based permissions: Issue employee cards with individually configured limits and access rights. Freeze, unfreeze, or delete any card instantly through the banking app.

Credit pre-qualification

Loquat enables credit card pre-qualification during account opening — with no impact to credit scores. Clients view tailored credit offers within minutes, boosting engagement and accelerating product adoption from day one.

Cards & payments agents

How the agents work for business transaction How the agents work for business transaction

Every card interaction — issuance, spend, fraud evaluation, and settlement — is coordinated by four intelligent agents operating in parallel.

Business transaction protection

Onboarding & identity agent

01

Maintains verified identity context across all cardholders and devices — ensuring every transaction is tied to a trusted profile.

Persistent identity layer

Risk & decisioning agent

02

Applies real-time behavioral fraud scoring to every transaction — approving, declining, or flagging within milliseconds.

< 200 ms decision latency

Account & activation agent

03

Executes transaction routing, settlement, and card controls. Enables real-time spend limits, merchant restrictions, and instant card lifecycle actions.

< 1 sec transaction processing

Implementation agent

04

Captures requirements from discovery and delivers a complete integration plan covering KYC/KYB, beneficial ownership, core banking, and card rails. Builds, tests, and deploys end-to-end with a live dashboard, SOC 2 Type II controls, and automated rollback on failure.

Production-ready in < 6 weeks
Real-time
processing
Continuous
fraud monitoring
Instant
controls

QUESTIONS & ANSWERS

What institutions What institutions ask most

Loquat integrates with your existing core systems to enable instant virtual debit card issuance at account opening, with real-time tokenization to digital wallets — driving instant top-of-wallet status with flexible controls and role-based permissions far beyond traditional card programs.
Virtual cards are issued instantly upon account opening. Your business clients begin transacting immediately — without waiting for a physical card.
Yes. Virtual cards can be designated for use with specific merchants only — adding a security and control layer particularly useful for recurring vendor payments or specific procurement categories.
Yes. Loquat's platform allows for the creation of one-time-use virtual cards — ideal for single purchases where enhanced security is required, such as online transactions with unfamiliar vendors.

Your competitors are not waiting for your next budget cycle

Request a 30-minute executive briefing. We will walk your leadership team through a live demonstration of business card issuance, real-time controls, and the agentic transaction stack — plus a preliminary assessment of your integration requirements. No prior commitment required.

Request a briefing