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Multi-currency topic is an interesting and important concept of card issuing that usually requires some explanation. Because of the very big market of currency conversion and usually very high fees of universal banks connected with international transactions, ...

In this article we will focus on the process of pushing card data to X-Pays (like Apple Pay or Google Pay) – a process called Push Provisioning.  In many innovative card issuing use cases it is important to launch tokenization of cards to enable better custom...

Payment law in India required a few years ago that server based card-on-file systems are not allowed. Instead, there is a necessity to store user data on-device to perform transactions.  This is an interesting topic that impacted a lot of local players like b...

While thinking about card-based money transfer solutions, our partners usually ask for three products - payouts to cards, eCom transactions or card-to-card payments. In this article we will describe differences between those 3 ways of money transfers.  Let me...

Once you start issuing cards for your users, you will experience a wide range of various problems and requests coming from your customers. In this article we will summarize the most common issues, so that you can get prepared.  These include: Transactions ...

Do you want to issue cards to your users? In this article we describe what is required on your side to implement virtual or plastic cards in your applications.  Let's imagine you are a fintech, crypto wallet, lendtech or any other company with a concrete targ...

In the world of growing IT development costs, our customers are asking more and more questions regarding white label frontend and mobile app development. In this article we will focus on the most important advantages and disadvantages of using white label fron...

There are many ways of transferring money to payment accounts or cards. In this article we would like to explain how it can be done with Verestro and in other cases.  Let's start with definitions so that we speak the same language. What is a payment card? Wha...

Once launching card issuing projects, our customers usually forget that it is a long-term activity that requires constant verification and improvements. It is very important that you understand and manage your card holders and use best practices in card lifecy...

Once you are launching your card program it is important to think about additional benefits that you can deliver for your users or products that can increase the value of your program. In this article we will show a few ideas and examples that you can use to e...

Acceptance of eCommerce payments  When you are thinking of starting acceptance of eCommerce payments via cards or other payment methods, you should definitely consider a long term strategy and a multi-acquiring scenario. The starting point for any merchant, ...

Sometimes our customers ask if it is better to issue VISA or Mastercard cards. In this article we would like to answer this question.  Main payment schemes There are two main payment schemes in the card area that have almost monopolized global card business ...

Before launching a card issuing program, our customers consider which card product to use. In this article we will summarize the key differences and considerations.  There are three main groups of payment cards: pre-paid, debit and credit cards. Below we summ...

So you have a good business case for issuing cards for your customers and you found a perfect vendor who can provide formal and technical services in this area. Right after signing the contract you’re ready to implement. What now? Now it’s time to make sure t...

From time to time, our customers ask us whether it is better to perform Know Your Customer activities in-house or to hire a company to do it for them. In this article we would like to answer this question. KYC activities are very important. On-boarding your c...

The KYC Administration Panel  is the essential tool for you to work with your online application. Here you can manage Know Your Customer applications. The presented solution is prepared for rebranding for the client's brand. The document is divided into sectio...

One of the limitations in global card issuing and account opening activities is connected with licenses and regulations for particular countries. Payment institutions have Mastercard or VISA licenses for particular countries as this is the way Mastercard and V...

Disclaimer. This article shows in some detail the topic of Interchange Fees. It is presented in the best way to make business decisions, but unfortunately this topic is very complex, so it does not cover 100% of information. If you need 100% of information, pl...

Our mission at Verestro is to provide cutting-edge fintech technologies and make them affordable to everyone. We work with banks, fintech providers, payment schemes, payment gateways, merchants, corporations and small businesses and develop a BAAS / FAAS platf...

One of our important products is Business Control. You can find more information about this solution under the following link -  Business Control Our customers are asking us from time to time if it is possible to use Business Control for the existing portfoli...