Setting Minimum Card Limits

You can set a minimum transaction amount when creating a card to add an extra layer of security. 

Fraudsters often attempt low value transactions, by setting a minimum transaction limit any authorisations below that amount will be declined.

Ways we can configure the Minimum Transaction Limit:

1.Account-Level Configuration 

We can set a minimum transaction limit that can be applied across all cards created under a specific account.

This is configured as a percentage of the card's total limit. For example, if the minimum limit is set at 90%, any transactions below 90% of the full card limit will be declined. 

2. Per-Card Configuration 

Minimum transaction limits can also be applied to specific cards created via the portal or API. 

In this case, the minimum is set as a fixed amount rather than a percentage. This will override any account-level setting for that card. 

If configuring via the API, please refer to the relevant API documentation for set up details.

Key information 

• Where a card has a scheduled limit change, the minimum transaction amount cannot be set to less than the smallest scheduled limit.
• The minimum transaction limit can not be edited after the card has been created. If you make a mistake, the card will need to be cancelled and reissued. 
• For cross currency transactions, the minimum transaction amount is fixed when the limit is set and won't change with fluctuations in exchange rate. 
• Minimum transactions are currently available for card created through our payment partner, Modulr.

If you would like access to the minimum transaction limit feature, please raise a ticket with our customer support team here.