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eBook

5 secrets of a successful card issuing program

Card issuing can be a complex and time-sensitive process. Follow these tips for a more efficient and seamless program.
While paper checks, ACH transfers, wire transfers, and legacy card issuing have formed the basis of traditional payment solutions, innovative companies are now overhauling their old payment processes and adopting modern card issuing platforms. With modern card issuing, companies have the flexibility to tailor their payment experience, integrate payments into their business processes or customer-facing applications, and mitigate the risk of fraud.
However, creating a successful card issuing program can be a massive undertaking. 
Card issuing requires integrations with global card networks and issuing banks, as well as compliance with payment card industry (PCI) standards, security requirements, and regulatory mandates. A successful card program also needs to easily scale across large numbers of payees, consumers, and providers while keeping up with their changing needs. 
In this ebook we will walk through the components of a successful program. Incorporating these five strategies into your own card issuing program will speed your time to market while providing the flexibility to expand to new use cases and the tools to create the best experience for your cardholders.
Key data:
  • 94% of banking executives said that payments have become a technology arms race to offer greater choice and flexibility to customers. 
  • 85% reported frustration that legacy technology was preventing them from moving at the speed required to meet market demand.
  • 84% of executives said legacy banking infrastructure was restricting them, making it almost impossible for them to innovate.
     
If you’re a bank or large financial institution looking to launch into, or evolve with, this rapidly changing landscape, drop us a line at europe@marqeta.com.

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