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Let’s make all business processes easier: Wallester Virtual Card

Today News by Today News
February 27, 2023
Reading Time: 4 mins read
Let’s make all business processes easier: Wallester Virtual Card
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The card program allows you to optimize the financial activity of any business. If you need to launch your card project, there is no need to apply to banks. Thanks to the Wallester platform https://wallester.com, any company can become an issuer of payment cards. You can independently issue physical and virtual Visa cards, launch payroll projects, provide cards to clients for mutual settlements, and raise the status of your company by issuing gift and other prepaid cards. Wallester will help you quickly and easily bring your card program to market. With our platform, you can issue countless cards instantly and have complete control over them.

Why Wallester?

Of all the many software products currently on the market, it is worth choosing Wallester. The main reason is the uniqueness of our platform for running card programs. But there are other advantages of working with Wallester:

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  • flexible pricing policy;
  • compliance with all international regulatory requirements;
  • full support of the infrastructure of the solution created by the client;
  • the ability to issue cards of any type and purpose;
  • allocation of BIN range for each card program;
  • high level of service;
  • use of a stable and modern system with rapid and trouble-free scalability;
  • constant work of the engineers to improve the platform and expand the functionality of the payment facilities.

By contacting Wallester, you can launch your card program in a predetermined time frame and quickly adapt it to the needs of your business. 

Benefits of the Wallester platform

The card program is launched through the multifunctional yet easy-to-use Wallester platform. Let’s list its main functions and features:

  1. Instant issuance of cards. Cards can be debit, prepaid, or credit. Cards can be issued for making purchases at POS terminals and online, making transfers, and withdrawing cash from ATMs.
  2. Fraud monitoring. A unique fraud monitoring service checks all transactions made with payment cards. It allows the detection and prevention of fraud, thereby reducing possible financial losses for cardholders.
  3. Whitelabel. This solution allows the production of branded cards that help personalize the business, make the brand more recognizable, and increase customer loyalty. Not only cards but also mobile app design is made in the same style.
  4. KYC/AML. The card program is entirely KYC/AML compliant and is launched under the rules and guidelines of the specific business area.
  5. Tokenization. All cards issued on the Wallester platform can be tokenized and added to Apple Pay, Google Pay, or Samsung Pay digital wallets. It allows the cardholder to keep their choice of payment method open.
  6. 3D Secure. The use of modern protocol makes e-commerce with cards issued by the Wallester platform more secure. Another security measure is requesting verification from the card issuer before making any transaction.

Wallester provides not just software but an open-source API platform. This solution makes it much easier to integrate it with any software products that the client already has in place. There is no need to combine different systems and wait months for the payment function to be integrated. The desktop version of the platform and a handy mobile app can be used to manage the card program. The platform is ready to use immediately after installation.

Popular products

Everyone has gotten used to the fact that a payment card is a small piece of plastic you must carry around and use as needed. It’s a safer means of payment than cash. But now, there’s an even more effective financial tool that’s convenient and safe to pay for goods and services instantly. We’re talking about virtual cards, which can be issued on the Wallester platform.

A virtual card https://wallester.com/cards/virtual-card is a digital payment card that has no physical carrier. It can be used just like a classic physical card for cashless payment of goods and services at POS terminals and online stores and for cash withdrawals from ATMs. Virtual cards are accepted wherever Visa cards are accepted. They can be issued for multiple uses and one-time payments. Virtual cards have the same attributes as the traditional ones – card number, expiration date, and three-digit CVV security code.

Let’s list the main advantages of virtual cards:

  1. Functionality. The card is issued immediately after being ordered. It is instantly ready for use within the limit set on it. The card can connect to mobile payment systems. Requesting a plastic duplicate can transform it into a traditional physical card. It can be used to withdraw cash from ATMs and pay where contactless payment is impossible.
  2. Security. A high-security level of transactions made with virtual cards is provided by 3D Secure double authentication technology. Thanks to it, all online payments take place in complete confidentiality. Virtual cards have a limited validity period, so the risk of fraud is excluded. It is also facilitated by the ability to set payment limits for specific purchases.

Launching your card program, using physical and virtual cards, will help optimize the financial performance of any company. To learn more about the capabilities of the Wallester platform, call us at the numbers listed on the website or fill out an application online.

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