What You Need to Know Before Launching Your White Label Debit Card Programs
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The first step toward making crypto payments practical for your users is bridging the gap between crypto and fiat currencies. White label debit card programs allow you to offer crypto banking capabilities so customers can spend their cryptocurrencies just like they would with their regular bank cards.
While launching your card program comes with challenges, crypto solutions have advanced significantly. By removing the need for multiple partnerships and avoiding exorbitant fees, businesses now have the option to switch to a white label card issuing solution.
Providing a Unified Payment Solution with White Label Debit Card Programs
Offering crypto cards provides fintech companies with a competitive edge as users seek innovative ways to manage and spend their cryptocurrencies.
Integrated crypto solutions, such as a debit card linked to crypto exchange wallets, mean customers don’t have to navigate multiple steps or platforms to access their funds. Users prefer an all-in-one application for managing both crypto and fiat funds, as well as the option to spend them. Providing unified payment solutions can lead to consistent growth in your user base and help scale your product.
Crypto debit cards allow users to pay in the currency of their choice, making cross-border payments cheaper and more accessible. Additionally, users can maximize their crypto rewards with every purchase, driving engagement and long-term loyalty.
Why Your Fintech Can Benefit from White Label Debit Card Programs
Instant Crypto-to-Fiat Conversion
Crypto debit cards allow users to make direct payments at any point of sale without the need to pre-fund their accounts. When swiping their cards, the cryptocurrencies are instantly converted into fiat, saving valuable time and making the process smoother and more efficient.
This eliminates the need for users to plan. They can simply allocate a portion of their salary to their crypto wallet and tap their card to make payments directly whenever needed.
Multi-Currency Support
To reach a wider user base, multi-currency support is essential. Offering crypto wallets that support multiple cryptocurrencies and fiat currencies increases global usability.
This broadens the use case for cross-border remittance and helps businesses provide international services without worrying about exorbitant exchange fees or payment delays. International travel becomes more convenient, as tourists don’t have to worry about prepaid cards or expensive conversion fees. Hiring international talent becomes cost-efficient, and freelancers can get paid on time without concerns about delays.
Customizable Features and Designs
Most importantly, with a white label card issuing solution, fintechs can customize the branding and user experience according to their brand guidelines and customer needs. Working with white label providers helps build a cohesive product that aligns with the overall business model, as they take care of the infrastructure and backend operations.
Businesses can implement their brand design, colors, and logo on the debit cards to match their corporate identity, allowing users to instantly connect the product with the brand.
The customizable features go beyond just branding. Companies can adjust their card dashboard, enable the currencies they wish to offer, set spending limits for their users, and track transaction history while managing card functionalities directly from the dashboard.
Scale with Striga – Build Your White Label Crypto Payment Gateway
A white label crypto payment gateway solution allows fintechs to focus on expanding their product offerings, strengthening customer loyalty, and tapping into new revenue streams without worrying about compliance or technical developments.
Striga’s crypto banking platform enables businesses to launch faster with minimal development costs and scale their product globally. The simplified set of APIs offers flexible customization options, allowing you to save on setup, integration, and treasury fees by essentially paying for one plan that covers all essential components.
Striga Crypto-native Banking as a Service:
Your path to building and launching financial products
Join the financial businesses that use Striga’s cloud platform to delight their customers and launch their own products without the complexities that come when dealing with core banking solutions’ relationships, licensing, compliance and payments methods.
