Direct cards for approved business customers.
Nova provides card services to businesses that have been reviewed and approved by Nova. Cards are used for the business's own operational spending and by its authorised personnel. Cards are not offered for resale or downstream distribution, and business customers may not operate an independent card program.
KYB & authorised personnel sequence.
- 01Entity review (KYB)
Business entity and scope of operations
- 02Beneficial-owner verification
UBOs and related parties reviewed
- 03Authorised personnel
Individuals the business authorises and Nova approves
- 04Wallet & funding review
Register funding wallet, KYT and screening
- 05Card access
Made available through an approved issuing partner
- 06Ongoing monitoring
Transaction rules and lifecycle actions
Own operations and authorised personnel
- The business's own operational spending — software, infrastructure, office, travel, supplier payments.
- Use by individuals the business authorises and Nova approves.
- All cards managed inside Nova's ledger and lifecycle controls.
Resale and downstream distribution
Nova does not permit business customers to onboard downstream end users, hold funds for them, maintain separate ledgers, or independently create, fund, or manage cards under a resale or distribution arrangement. Every end user and authorised individual is a Nova user, and compliance decisions rest with Nova.