Modern card issuing is here to stay

Recently, almost any company had the opportunity to become an issuer of payment cards. The issue of modern cards is no longer solely the competence of banking institutions. And although the platforms for launching card projects were treated with caution, they are now rapidly entering the financial and commercial world.Who is interested in issuing modern cards?The issuance of modern cards simplifies the work of consumer credit providers, banks, and e-commerce trading platforms. With their help, you can fulfill orders more quickly, transfer money instantly and reduce your own financial costs. Every year the sphere of modern cards application is only expanding.The company Wallester offers a  solution for travel agencies https://wallester.com/card-solutions/travel-agencies , which will help to optimize work with clients and service providers. Travel agencies are building close business relationships with many companies engaged in transportation, hotel business, insurance, and more. Issuance of their payment cards will allow travel agencies to simplify business processes at various stages and strengthen cooperation with partners in all these areas.Insurance businesses, closely connected with the travel industry, can also be interested in launching their own card projects. Thanks to them, insurance cases can be handled much faster. For example, if an insurance company's client has a case abroad, such a client needs to issue a virtual card or provide his branded payment card in advance to receive it. Launching your own card program increases brand awareness and customer loyalty.Popular FunctionalityThree main features make modern card issuance popular among users. The main advantage of these programs is the instant issuance of electronic cards in a mobile wallet or app. It's simple, fast, and convenient. This is the reason why consumers primarily choose innovative card issuing platforms over traditional bank cards with their lengthy bureaucratic procedures.The second advantage is an easy card integration that interacts with third-party mobile apps and wallets. The card launch platform integrates quickly with a company's existing software. A significant benefit for any business is the ability to issue personalized cards. They can be exclusively designed with company logos and corporate colors. It allows making the brand more recognizable and increases the clients' loyalty to it.The indisputable advantage of modern card programs is the ability to control your finances. Through a card launch platform, you can quickly set card limits based on transaction type, geolocation, and amount. It's also much faster to issue new cards and block them if they are lost or stolen.Today's card issuance platforms are multifunctional. They allow you to issue not only debit and credit cards but also loyalty, gift, or travel cards.Not all companies yet appreciated the advantages of modern platforms for launching their own card projects, so competition among bank-independent issuers is relatively low. People are often cautious about everything new. But in this case, it is necessary to understand that issue of modern cards is not a temporary phenomenon, but a convenient innovation. It will not disappear and will remain popular for many years.-