Sunday, November 3, 2019

Ondot Systems introduces Card App® for credit, debit issuers

KUALA LUMPUR, Oct 29 -- Ondot Systems has introduced Card App®, a first-of-its-kind white-label app that enables issuers to empower cardholders with in-the-moment convenience, control and transparency for their physical and virtual cards.

Ondot’s Card App enables any issuer to brand and deliver an Apple Card-like experience for its existing credit and debit card portfolios, including instant card signup, wallet provisioning, spending insights and easy self-service.

The company has worked with more than 4,000 financial institutions to provide mobile card controls and interactive alerts. Currently, Card App puts all these features – and much more – in an app that financial institutions can deploy quickly.

The Card App is linked to an issuer’s mobile banking app and consumers can move seamlessly between Card App and mobile banking with just one sign-on. It also works for everyone: iPhone or Android, debit or credit, Visa or Mastercard.

Card App enables integrations across fintech, issuers and processors that deliver more value than any party can deliver independently. It unlocks partnerships for community issuers that might otherwise not easily be accessed.

With Card App, issuers can take advantage of services from major third-party providers for identity verification, eKYC, financial wellness, merchant offers, merchant data and wallets, according to a statement.

Ondot Systems is the digital card services platform for credit and debit issuers. More information at https://www.ondotsystems.com.

-- BERNAMA

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