The credit card business of Mexican business group INVEX has selected mobile payments services firm Ondot Systems to launch instant digital card in Mexican market.

As per the agreement, Ondot will deliver complete card life-cycle management associated with INVEX instant digital card on a single platform.

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The platform will be based on Ondot’s mobile card services conversational platform, which is designed to enable a two-way digital interaction between the bank and customers in real-time.

During the interaction, customers will be able to navigate, choose and apply for a new credit card. After instant approval, they can immediately use the INVEX instant digital card for online payments via mobile.

To allow personalised usage, the card features Ondot’s card controls and alerts systems.

Ondot Systems CEO Vaduvur Bharghavan said: “In a digital-first world where payments are becoming invisible and consumers expect instant gratification, card issuers must attract, acquire, and empower consumers with personalised digital experiences.

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“Ondot provides a comprehensive set of services around the ‘digitised card’, integrated into existing mobile apps, card management systems, and authorisation platforms.”

INVEX consumer banking and payment’s business managing director Jean Marc Mercier said: “Nowadays, credit card customers and digitally savvy generations, seek simplicity and immediate financial solutions through 100% digital channels.

“At INVEX, we are committed to consolidate our position as a player at the forefront of the Mexican consumer and payments market, providing solutions that meet these expectations.”