Control Center enables you to create and manage programs on the Pismo platform. A program is a container that defines a set of parameters that apply to the accounts that it contains. Program parameters control how a program is set up and how it behaves. A program's type defines the kind of account it manages (such as credit, debit, and prepaid accounts).

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For more information about program parameters, refer to Program parameters reference table.

Debit programs

Debit programs manage debit accounts. This program type also has the option to issue physical debit cards. There are two types of debit program:

• Full balance programs, where the Pismo platform manages the account balances
• Zero balance programs, where the issuer manages the account balances

Credit programs

Credit programs manage revolving credit accounts. There are two types of credit program:

• Full balance programs, where the Pismo platform manages the credit balances

• Zero balance programs, where the issuer manages the credit balances

Prepaid programs

Prepaid programs manage card balances that are not linked to a financial account such as gift cards and transit payment cards. These are similar to debit programs in that they allow users to make electronic payments. However, they have funds loaded onto them, which is deducted with each transaction.

There are two types of prepaid program:

• Full balance programs, where the Pismo platform manages the balances

• Zero balance programs, where the issuer manages the balances

Transaction banking programs

Transaction banking refers to a suite of banking services primarily designed for businesses, corporations, and financial institutions manage their daily transactions and financial operations. It encompasses a range of products and services that facilitate the movement, management, and monitoring of funds.

The Pismo platform offers the following transaction banking program types:

• Correspondent accounts: These are accounts that financial institutions hold with each other to facilitate international transactions and provide services to their customers in different geographic locations. These accounts enable banks to conduct business and settle transactions on behalf of one another, often in different currencies.
• Current accounts (also known as a checking accounts in some countries): These are a type of deposit account that businesses use to manage their everyday financial transactions. This bank account allows customers to manage their daily finances, serving as a central place to receive income, pay bills, and handle various transactions.
• Internal accounts: A type of account used within an organization for internal purposes rather than for transactions with external parties. These accounts help manage and track internal financial activities, such as bookkeeping, accounting, and internal fund transfers.

Merchant programs

Merchant programs manage a seller's commercial accounts. They enable a merchant to register and parameterize their products, rates and fees, home bank, and so on. For more information, refer to Seller management overview.