A smarter way to use assistance benefits—and a simpler way to accept them.
Payulot is an NFC payment card and platform for Bermuda. Cardholders spend benefits at participating vendors. Vendors get paid instantly with a flat 1.5% fee. Simple, transparent, and built for everyday life.
For cardholders
Use your Payulot Card to buy groceries and essentials at participating vendors. No hidden fees for you.
- Tap just like any other card.
- Only approved categories are allowed, so benefits go where they should.
- 24/7 online balance and history.
For vendors
Flat 1.5% per transaction
Payulot is not Visa or Mastercard. We keep it simple—no 2.5–3.5% interchange surprises, no tiered pricing. Just a transparent 1.5% fee and next-day deposits*.
- Fast onboarding and simple web tools.
- Chargebacks are rare—transactions follow program rules.
- Free listing in our vendor directory (opt-in).
* Deposit timing depends on bank rails and holidays.
For government partners
Modernize disbursements with real-time controls and clear reporting.
- Limit purchases to approved categories and vendors.
- Program-level dashboards and exportable reports.
- API & secure data room for auditors.
How it works
- Funds arrive on your Payulot Card via your program.
- Shop at vendors that accept Payulot (look for the Payulot mark).
- Compliance is built-in—restricted categories simply won’t go through.
- Vendors get paid with a flat 1.5% fee and clear settlement.
Optional: Health & ICE swipe
You can choose to store a limited “In Case of Emergency” profile on your Payulot Card—like allergies, medications, and an emergency contact. With your consent, a clinic or ambulance can read this data by swiping your card to help in a crisis.
- Opt-in only—you control what’s shared.
- Read-only access for emergency providers.
- Encrypted at rest and in transit.
Security & privacy
- Modern encryption; credentials are hashed and salted.
- Granular permissions for admins and auditors.
- We never sell personal data. Period.
What Payulot is (and isn’t)
Payulot is a closed-loop payment network built for public programs. We’re not a bank, Visa, or Mastercard.
Eligibility and funding are provided by participating programs and agencies.
Frequently asked
Where can I use the Payulot Card?
At participating vendors that accept Payulot. We’re adding locations regularly—check the vendor list in your account (pilot access).
What does it cost?
Cardholders don’t pay fees. Vendors pay a flat 1.5% per transaction.
What happens if I lose my card?
Freeze it in your account or contact support. We’ll help replace it and protect your funds.
Get in touch
Email info@payulot.com or call +1 (441) 000-0000.