Using the Wallester platform, every corporate client can access the white-label card issuing product. The primary purpose of this solution is to help companies implement effective loyalty programs for their customers, build trust in their brand, and enhance their reputation in the market. While this service is becoming increasingly common, the term “White-Label Card” might still sound unfamiliar. Let’s dive into what it is, how to use it, its advantages, and who truly needs this product, as well as situations where it might not be necessary.
What Is a White-Label Card?
A White-Label Card is a branded, customized card issued by a company with its own logo, design, labels, and other brand-specific elements. Types of these cards include:
- Debit/Credit/Prepaid cards
- Physical/Virtual cards
Why are these cards useful?
These cards enable companies to offer a range of financial services to their customers, leveraging Wallester’s resources and infrastructure. The company focuses on designing the cards and establishing usage terms for the branded cards. At the same time, Wallester handles key processes such as card issuance, production, and delivery in the required format.
Wallester Business cards can also function as business expense cards. These cards are linked to the company’s main bank account, granting various specialists and departments access to corporate funds for ongoing business expenses. This is particularly convenient when there is a regular need to allocate funds for advertising, photoshoots, and other activities. Specialists in the respective departments can now perform their tasks seamlessly, with the necessary funds automatically available. However, these funds are limited within predefined thresholds and restricted to specific purposes, ensuring controlled usage.
Features of the White-Label Card
Each company can customize the design of physical and virtual cards to align with its brand colors and elements. Create and apply your unique design via Wallester’s settings, issue stylish physical cards with your branding, and take full advantage of the customization options available.
Physical Cards
Wallester allows businesses to order classic plastic cards and metal cards. You can configure the features of physical cards to meet your company’s specific goals and requirements.
Virtual Cards
Wallester’s virtual cards are just as convenient as their physical counterparts, with the added advantage of faster issuance. These cards are ready for use immediately and are ideal for online purchases, service payments, subscriptions, and contactless payments. With the increasing demand for flexible payment solutions, virtual card providers like Wallester ensure you can manage transactions securely and efficiently. Choosing a reliable virtual card provider enhances your digital payment experience, offering seamless, instant access to funds whenever needed.
Benefits of the Wallester White-Label Card
- Transform every physical or virtual cardholder into a brand enthusiast and ambassador. Create an appealing and aesthetic design for your cards, whether for employees or clients, to enhance brand recognition.
- Build brand loyalty through the quality of your products or services and exclusive benefits offered to branded cardholders. For example, provide additional discounts on your products or partner services, among other perks.
- Easily track card transactions and gain advanced analytics to tailor your offerings to customer needs. This allows you to build a loyal audience for your brand.
- Seamlessly integrate Wallester cards into any financial system you use.
Secure and Protected Transactions
The Wallester White-Label Card ensures the highest payment and transaction security level, adhering to the strictest industry standards. This high level of safety is achieved through a multi-layered security system.
Tokenization Technology
Each card’s sensitive data is replaced with encrypted symbols using tokenization. This ensures that fraudsters cannot access such information. When clients use their cards for transactions, no critical information or actual card details are exposed.
3D Secure Protocol for Additional Data Protection
This protocol adds another layer of client authentication by requiring a password or one-time temporary code to verify identity. This process provides an extra safeguard against unauthorized access to corporate or personal data and user funds.
Wallester Monitors Suspicious Activities
In real time, Wallester analyzes all transaction patterns, automatically comparing them to previous activity. If atypical behavior or unusual scenarios are detected, the system employs all available tools to halt such transactions, request additional authorization, and verify identity.
Compliance with Regulatory Standards
Wallester strictly adheres to all regulatory requirements, as this is essential for any business, regardless of size or industry. Businesses utilizing the White-Label Card service must comply with and uphold KYC and AML standards.
Who Should Consider Wallester’s White-Label Card Service?
- Banks, consumer credit providers, and FinTech companies. This solution is easy to integrate into existing systems and fully complies with all industry standards.
- Travel agencies. By offering branded cards, agencies can enhance brand recognition, ensure customer loyalty, and provide maximum convenience to their clients.
- E-commerce platforms. These businesses can use the cards to offer discounts on their products, creating additional incentives for customers.
- Companies introducing gift, membership, or loyalty cards. Wallester’s simple and accessible solutions make it easy to implement such systems.
Why Choose Wallester’s White-Label Card?
Wallester enables your business to integrate cards to manage internal financial flows and implement business strategies designed to attract and retain loyal customers. For instance, you can issue bonus accumulation cards, gift cards for customers, and more.
By adhering to the highest security standards for personal and financial data, Wallester’s physical and virtual cards are suitable for any purpose. Numerous successful collaborations with banks and FinTech companies evidence this.
Customize the card to meet your business’s specific needs, apply your branded design, and leverage a modern tool to enhance internal corporate interactions and increase customer loyalty.
