Digital card platform
Turn your customers’ smartphones into NFC payment tools with your digital cards on board. Discover various ways of implementation depending on your regional opportunities.
USE CASES
Digital cards for customers in your market
Your own Card Issuer wallet
Tokenize cards issued by your institution in your own custom-built secure token data vault. Turn your customers’ smartphones into contactless (NFC) payment tools.
- Most suitable for the markets where global wallets (Apple Pay, Google Pay etc.) are not yet introduced
- OS Android only
Neobank
Thanks to modern Visa and Mastercard technologies, you can come up with your own neobaking solution — bank-in-a-smartphone. You don’t even need to be a bank institution yourself — a license from a partner bank does the job in most cases.
Global digital wallets
Enable tokenization of your institution’s payment cards in global wallets (Google Pay, Apple Pay, Samsung Pay etc.) and let your customers pay contactlessly using their smartphones.
- The global wallets must operate in your target market
- iOS and Android
digital card platform features
Full-fledged card tokenization solution to enable contactless payments for your customers
Interaction with the card issuer’s internal systems
- Customer identification and authorization
- Make sure that your customer is eligible and idenfified correctly
- Tokenization possibility check for existing customer cards
- Let the system obtain the information about the state of a card (whether it is active or not) to decide if the digitization is allowed to a card product or range the card is associated with
- Card enrollment
- The system retrieves the encrypted card PAN and validity period, then verifies and re-encrypts the data on SDK level to apply for the tokenization
Interaction with the tokenization services (VTS, MDES)
- Tokenization
- Tokens generation (Visa Tokenization Service / VTS and Mastercard Digital Enablement Service / MDES). Generation of EMV data. Management of keys and certificates.
- Tokens lifecycle management
- Activation, deactivation, deletion of tokens. Card replacement to an existing token. Tokens activity status checks and notifications.
- De-tokenization
- EMV data de-tokenization and verification during the transaction queries processing. De-tokenization of the clearing data.
Interaction with the client interfaces
- White label mobile application
- In case you need a customized white label mobile app, we can build one for you. Tailored to your business vision, the bespoke app lets your customers enjoy the benefits of card tokenization and payments from your own Card issuer wallet
- Wrapper SDK for existing APP
- If you already have a mobile banking app, a digital wallet app, or a different kind of app you’d like to add the card tokenization to and let your customers use it for payments from your own Card issuer wallet— we can provide you with the Wrapper SDK to embed the card functionality into the existing mobile application
- Card provisioning
- One of the global wallets’ (Apple Pay, Google Pay) requirements is to enable card tokenization not only through the global wallets themselves, but also through the card issuers’ proprietary mobile applications. With Wallet Factory, card provisioning will be implemented fast and easy
THE BENEFITS YOU GAIN
Come up with your unique, holistic loyalty program to improve interactions with your customers
Enhanced customer UX
Tap and go – the easiest way to pay
Accelerated payments
Data transfer speed is much faster compared to the ordinary operations done with a plastic card
Flexibility
Multiple tokens with specific settings that may be generated and associated with a single card
Security
Tokenized payments are far safer due to modern phones’ authentication methods like biometrics, fingerprint and facial recognition, etc.
TECHNICAL EXCELLENCE
Leverage industry’s proven best practices
Best tech stack
Tap into FinTech solutions backed by the latest yet tried-and tested technology innovations in product development and design
Seasoned in-house staff
Get a reliable well thought-out digital platform built, delivered, and supported by senior IT experts in software engineering & DevOps
Market readiness
Accelerate your company’s time-to- market rates with customer approved digital solutions perfectly tailored to your brand identity and individual business needs
Big picture approach
Enjoy a robust end-to end platform solution based on holistic strategies and deep analytical insights into your business specifics and customer expectations
WHAT'S INCLUDED
Full scope of features to deliver the contactless payment experience to your customers
Feel safe to rely on Wallet Factory’s vast portfolio and integration experience to bring the best world practices to your market
Console administration
- Admin console operators management
- Authentication
- Dashboard
- Logging (access, changes, system)
Financial administration
- Bank params management
- Security keys management
- BIN settings management
- Card products management
- Other settings
Customers and customer apps management
- Search, details, editing
- Direct messaging
- Digitized cards management
- App version control
- Errors handling
Third-party integrations (depends on project context)
- Visa Tokenization Service (VTS)
- Mastercard Digital Enablement Service (MDES)
- Global wallets (Apple Pay, Google Pay, Samsung Pay etc.)
- Core banking systems
- Auxiliary service providers
CONTACT US
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session now!
