Virtual Card Platform
B2B virtual card platforms for payables, procurement and spend management — issuance at scale with reconciliation.
- ClientCheckout · wallet
- APIIdempotency key
- Identity & KYCVerified
- Risk & complianceRules passed
- Payment gatewayAuthorised → captured
- LedgerDouble-entry posted
- SettlementBank rail · T+1
Journal entry · balanced
| Account | Debit | Credit |
|---|---|---|
| Customer funds | 120.00 | — |
| Merchant payable | — | 118.20 |
| Fee revenue | — | 1.80 |
Division
Service area
Card Programs & Card Management
Engagement
Project · Team · Managed
Overview
Virtual card platforms serve businesses paying suppliers and managing spend: issuing cards per invoice, vendor or project, controlling usage and reconciling transactions automatically with purchase orders and accounting. We build B2B virtual card platforms integrated with issuing processors, ERP and accounting systems, and approval workflows.
Delivered with licensed issuing and processing partners.
Common use cases
- Accounts payable cardsPaying supplier invoices by virtual card.
- Procurement cardsControlled purchasing for teams.
- Travel booking cardsCards issued per booking.
- Media buyingCards per campaign for ad spend.
Quick answers
Virtual Card Platform at a glance
The essentials in brief. Every project is scoped individually — ask us for specifics.
- What is virtual card platform?
- B2B virtual card platforms for payables, procurement and spend management — issuance at scale with reconciliation.
- Who is it for?
- Typically neobanks, payment companies, lenders, wealth platforms and financial institutions building or modernising customer-facing and back-office systems.
- What does Shivacha provide?
- Bulk issuance
- Approval workflows
- Controls
- Reconciliation
- Accounting sync
- Rebate reporting
- Which technologies are used?
- ISO 8583, PCI DSS, Double-Entry Ledgers, Go (Golang), Kotlin, Swift — chosen to fit your stack and constraints.
- How does the process work?
- Program design → Processor integration → Card lifecycle → Controls & ledger → Launch.
- What affects the cost?
- Banking, card, payment and KYC partners to integrate
- Ledger and reconciliation complexity
- Number of currencies, countries and payment rails
- Compliance, reporting and audit requirements
- Mobile, web and back-office scope
- Availability and disaster-recovery targets
- How long does it take?
- A regulated-market MVP usually takes 4–7 months including partner integrations; extensions to an existing platform can ship in weeks.
- How do I get started?
- Share a short brief in the form below, book a 30-minute call or message us on WhatsApp. A senior engineer replies within one business day; NDA on request.
Capabilities
What we deliver
Bulk issuance
API and batch card creation.
Approval workflows
Request and approval before issuance.
Controls
Amount, vendor and time-based rules.
Reconciliation
Automatic matching to POs and invoices.
Accounting sync
ERP and accounting integration.
Rebate reporting
Spend analytics for program economics.
Architecture
Engineered right from day one
The layers we typically design for card programs & card management, adapted to your stack and partners.
- Partner-led issuingBIN sponsorship and network membership sit with licensed partners.
- Low-latency authorisationAuthorisation decisions within processor time limits.
- Sensitive data handlingPAN and PIN handled through processor-provided secure components.
- Accurate holdsAuthorisation, incremental auth, reversal and clearing mapped to the ledger.
Delivery
How an engagement runs
- 1
Program design
Card types, target users, controls and partner model with your issuer and processor.
- 2
Processor integration
APIs and real-time authorisation webhooks with the chosen processor.
- 3
Card lifecycle
Ordering, activation, freezing, replacement and closure flows.
- 4
Controls & ledger
Spend limits, merchant category rules, holds and settlement accounting.
- 5
Launch
Partner testing, operational runbooks and support tooling.
Security
Security built into delivery
Controls we apply by default on this kind of work — not a separate phase at the end.
Ledger integrity
Double-entry, immutable journals and daily reconciliation against partners.
Idempotent money movement
Every payment operation safe to retry, with no double-spend.
Access control
Maker-checker approvals, least privilege and full audit logging.
Data protection
Encryption in transit and at rest, tokenised card data and PCI-aware architecture.
Technology
Tools we use for this
Products
Start from a platform
Shivacha Crypto Card
Branded crypto-powered card experiences connecting digital assets, wallets and everyday payments.
Learn moreShivacha Card Management
Technology infrastructure for card-program integrations.
Learn moreShivacha Digital Bank
A configurable digital banking platform for banks and licensed partners.
Learn moreRelated services
Often combined with
Card Program Management Technology
Technology for card program managers: program configuration, cardholder management, controls, ledgers and partner reporting.
Learn moreVirtual Card Development
Virtual card features: instant issuance, single-use and merchant-locked cards, secure display and wallet provisioning.
Learn morePhysical Card Platform
Physical card program technology: ordering, personalisation, fulfilment, activation, PIN management and replacements.
Learn moreDedicated team
Payments Engineering Team
Specialists in gateways, processing, orchestration, settlement and payouts.
Work & insights
Related thinking
Ledger-first architecture for a partner-bank neobank
How we structure a neobank so that balances always reconcile with the sponsor bank and partners can be added or replaced.
Learn moreStablecoin settlement layer for a card-accepting payment platform
A hybrid design that lets merchants accept cards as usual while optionally settling in stablecoins.
Learn moreYour ledger is your product: designing money movement that always reconciles
Fintech products are judged on experience but survive on correctness. A double-entry ledger at the core is what makes balances provable.
Learn moreFAQ
Frequently asked questions
How do businesses benefit from virtual cards for payables?
Better control, automatic reconciliation, reduced fraud versus bank details and potential program rebates, depending on the issuing partner.
Can suppliers be enrolled automatically?
Supplier enablement campaigns and acceptance checks can be automated; acceptance ultimately depends on the supplier.
Can Shivacha issue Visa or Mastercard cards?
No. Card issuing is performed by licensed issuers and network members. Shivacha builds the technology infrastructure — card management, controls, ledgers and user experiences — that integrates with your issuing and processing partners.
Which card processors do you integrate with?
We integrate with modern issuing processors through their APIs and webhooks. Processor selection depends on your markets, program type and partners.
Next step
Discuss Your FinTech Product.
Tell us about your virtual card platform requirements — goals, timeline and constraints. We will reply with questions, an approach and next steps.
- Senior engineer reads every enquiry
- Reply within one business day
- NDA on request
Your details are used only to reply to this enquiry.