Universal payment solution for any industry - myth or reality?

Nowadays, there is virtually no sphere or segment of business in which there is no fierce competition.

00:43 14 October 2023

Nowadays, there is virtually no sphere or segment of business in which there is no fierce competition. There is a constant battle for clients between companies in all industries, and the one who wins is the one who offers not only a high-quality and affordable product but also comfortable and professional service. If we are talking about companies that work indirectly or directly with finances, they should also ensure the security and confidentiality of clients and their funds.

A Universal Payment Card Solution that will help any segment of business to become more competitive. Now, there is no need to contact different organizations to issue payment, transport or gift cards because cards of any type and for any industry can be issued independently through the Wallester platform.

Who is interested in this offer?

Co-brand Solution can adapt to the needs of any industry or business segment. But the companies from the following areas will find the most benefits in it:

• Consumer, business and peer-to-peer loan providers. With the platform, they will simplify and speed up the loan disbursement process because they don't have to depend on the whims of banks. Money is credited to the card instantly;
• Markeplaces. Own cards will allow you to quickly make mutual settlements with partners and promptly fulfil customer orders;
• Fintech companies. Thanks to the use of a modern payment instrument, such companies will be able to attract the attention of more customers;
• Banks. Using an innovative platform for issuing cards, they will be able to reduce their financial costs;
• Travel agencies. By issuing electronic single-use and reusable cards, such companies will be able to quickly pay with service providers around the world without delays in international transfers;
• Insurance companies. With their card program, claims are processed, and insurance amounts are paid out much faster;
• Streaming platforms. They will be able to modernize their existing payment system fully.

Not only payment cards can be issued through the web platform. These can be transportation, elevator, reward, savings and gift cards.

Why choose the service?

When you start your card program, you are no longer dependent on the whims of banking institutions. You build your procedures for transferring these cards to the end user and can set additional fees for their reissuance or maintenance. Card Issuing through the Wallester platform has other advantages:

• Cards can be physical or electronic. They can be debit or credit cards;
• It is possible to control spending, change the limits expiration date, reissue, block and unblock the card through the platform;
• The user can change the PIN, view CVV and other functions through the mobile app;
• All cards can be tokenized and connected to the most popular mobile payment systems;
• All card payments are instant, even if many transactions are made simultaneously and in different parts of the world;
• All card transactions are safe, as 3D Secure protocol is used, according to which an additional verification step is provided.

White-Label Card Issuing provides maximum individuality for any card program. These cards have a unique corporate design, duplicated on the platform and in the mobile application. With their help, any brand will become recognizable, and the loyalty of its customers will increase significantly.