As a card issuing financial institution or processor, the market is forcing you to take a hard look at internally developed or fragmented vendor applications intended to address specific card types like credit, debit and prepaid. In the United States, the increased use of debit and rapid adoption of prepaid card products are putting pressure on existing card portfolios. In Europe, the migration to SEPA compliant card schemes and ongoing industry rationalization is driving demand for more robust card management solutions.
As your customers continue to evolve into sophisticated consumers with an appetite for emerging payment types like prepaid, you need to be able to accommodate those issuing demands alongside your existing internal or outsourced services.
EFD’s Integrated Card Management solution offers a single software or outsourced based card management solution designed to handle the issuing, processing and authorization of global debit, credit and prepaid cards.
The EFD solution:
- Consolidates multiple card management platforms and services through a single software or processing solution – you choose whether you want to run it, or have EFD run it from our proven data centers.
- Enables you to manage you entire card portfolio seamlessly and prepare for the dramatic growth in prepaid and debit transactions
- Offers a single-source alternative to managing multiple outsourced vendor relationships
- Manages all required card association compliance requirements, ensuring your card issuing operation complies with all emerging industry regulations around EMV and SEPA
- Helps you to maintain share of wallet by meeting your customers’ needs for all card product types
- Leverages existing EFD transaction processing innovations like DataNavigatorâ to handle transaction research, exceptions, settlement and reporting
EFD Integrated Card Management is the future of your card issuing and processing business. Contact us today to find out how to begin preparing your institution for a brand new world of card issuing. |