Datacard Group, a provider of technologies for securing identities and safeguarding transactions in physical and digital environments, has launched an instant card issuance solution that combines mobile and physical payment card issuance.
Based on the company’s Datacard CardWizard instant card issuance solution, the new solution is intended to help financial institutions with an additional advantage of providing more payment options to consumers from a single solution. Hence, banks will now have the option to provide a companion virtual payment credential to consumers.
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Russ St. John, senior vice president of global marketing for Datacard Group, said: "We are committed to developing solutions that enable our banking partners to deliver unique and meaningful payment experiences to their end customers, especially with all the new technology innovations that are improving the consumer experience and changing the way businesses operate.
"Financial institutions have a great opportunity to capitalize on an ‘ultimate customer experience’ by issuing both a physical and mobile payment credential that allows consumers to choose the way they want to pay."
St. John added that Datacard is keen on providing flexible solutions to banks depending on market demands.
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