Card Issuance

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Important Card Issuance API References:

• Create & Activate Card

Payment Card Issuance refers to the process of a bank or financial institution providing customers with payment cards, such as credit or debit cards. MBanq offers a comprehensive range of payment card issuance services, including physical and virtual cards, to cater to different customer needs and preferences.

• Digital First Card: A digital first card is a card that is designed to be primarily used through digital channels. It allows customers to immediately start making transactions using digital wallets, such as mobile payment apps or online platforms, even before receiving the physical card. Once the physical card is delivered, the customer can activate it for online and point-of-sale purchases. The digital first option provides convenience and flexibility for customers, enabling them to transact digitally while waiting for the physical card.

• Virtual Card: A virtual card is a card with no physical form. It exists only in the digital space and is typically used for online transactions, subscriptions, or other digital services. Virtual cards provide a secure and convenient way to make online purchases without exposing the customer's primary card details.

Contactless Cards: MBanq's cards can be enabled for contactless payments through popular mobile payment platforms such as Apple Pay and Android Pay. This feature allows customers to make quick and secure purchases by simply tapping their mobile device or card on contactless-enabled payment terminals. Contactless cards offer added convenience and enhanced security, enabling customers to make larger purchases securely from the convenience of their phone.

ATM Withdrawals: MBanq's payment cards can be used at ATMs worldwide, allowing customers to access cash whenever they need it. Whether they are traveling or residing in different locations, customers can conveniently withdraw cash from ATMs using their MBanq cards, ensuring easy access to funds.

Limit Management: MBanq understands the importance of flexibility in managing spending habits. With our platform, limit management becomes hassle-free. We offer dynamic limit management options, allowing you to adjust spending limits based on your customers' specific needs and spending patterns. This feature ensures that customers have control over their spending while providing a tailored experience that suits their financial goals.