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Fintechs and crypto platforms looking to enter new markets and expand their product offerings can benefit from teaming up with a card issuing platform to launch their card products quickly and with minimal resources.
This partnership enables businesses to ensure steady growth and profitability, as their card issuance partner takes care of the rest. Whether it’s integrating with payment gateways or supporting multiple currencies, a virtual card issuing API allows fintechs to respond quickly to the ever-changing market.
In general, launching a card program from scratch isn’t easy. Managing multiple partnerships can become tedious, navigating regulatory compliance can be challenging, and, more importantly, the entire process can be expensive and time-consuming.
Here’s how issuing virtual cards for businesses can help close the payment gap.
Quick, Easy, and Cost-Effective Virtual Cards for Business Solutions
Traditional card issuing systems can be difficult to navigate, involve multiple processes, and lack the flexibility to accommodate modern payment needs. Striga’s virtual card issuing API, on the other hand, helps save resources with an all-in-one integration platform through strategic partnerships with issuing banks and central card networks.
Additionally, the in-house KYC check allows for quick customer verification and onboarding.
Once the verification and onboarding are complete, businesses can offer their end users crypto debit cards and manage the lifecycle directly from the dashboard. This way, they can review real-time transactions, analyze users’ spending habits, and gain deeper insights into customer behavior—thus creating products that better align with their users’ needs.
White Label Card Issuing Platform for Flexible Solutions
Regular bank cards often lack customization and flexibility, making it difficult for businesses to align their needs with the product. With each business having unique use cases, it’s beneficial to have card functionalities that go beyond what traditional systems currently offer.
With a white label banking solution, it’s possible to customize the cards according to business and brand requirements.
Striga’s virtual cards are ideal for businesses and users looking for easy online payments. Blending crypto with fiat allows users to make direct payments without any prefunding. Fintechs can now implement a virtual debit card program and set expiration dates, spend limits, and block or freeze cards without cutting access to the main card.
Opting for a white label solution allows companies to brand the crypto debit cards according to their guidelines, giving them full control over appearance and features.
Seamless Wallet Integration for Frictionless Payments
Integrating virtual cards into digital exchange wallets makes crypto spending and management much more convenient and secure for end users. As users seek safer and easier ways for online shopping, e-commerce, and mobile banking, virtual cards serve as the perfect solution.
Not only can users manage payments conveniently through one platform, but offering virtual cards for business can also help increase user retention and reduce drop-offs with an all-in-one payment solution.
The added safety features of a virtual payment card, including two-factor authentication, ensure that all online transactions are thoroughly verified by users, thus preventing fraud and theft.
Simplified APIs for All Things Crypto
We understand that making crypto payments mainstream requires constant innovation. That’s why, as a card issuing platform, we strive to keep things simple and easy. With Striga’s crypto banking APIs, you won’t have to worry about building everything from scratch—whether it’s for your platform or your compliance team. We take care of it all.
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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.