Wallester's Impact: Cash is No Longer King in Finance
We need only look to Estonia to unearth the company that has dedicated itself to innovating White Label Card Issuing services and changing the way enterprises of all sizes do business virtually and with plastic. This groundbreaking entity is Wallester, an Estonian fintech whose quest is to continue grow throughout Europe. They are making great strides while making this growth a reality. Calling them trendsetting would be an understatement, as they seek to revolutionize the way Visa cards enhance a wealth of business processes.
They offer the ability to create virtual and branded physical ready-to-use cards. Their modern API assures seamless, fast integration no matter how complex the solution. With an assembled team of experts, both in the implementation department and steadfast back-office support, Wallester is a recognized force in the industry. They are a name you need to know if you have any card issuing service associated with how you operate your business.
From loyalty cards, to employer-issued on-demand payroll cards, Wallester is home to a vast array of branded card solutions that allow companies to flourish in ways never thought possible. The utilization of antiquated accounting practices slows down the flow of cash and payment to employees, vendors and service providers. Furthermore, brand identity is improved upon with personalized cards for all needs, including reward, prepaid debit and credit cards.
What Are White Label Cards
White Label is the term given to products that are created by a third party but feature a company’s personal branding. In the store card arena, white labeling is using an entity, such as Wallester, to assist in issuing personalized cards that provide the same function as any major credit card. The big difference here is that when a card is branded, the card is exclusive to a specific company, even if it can be used at a variety of merchants and ATMs.
While these cards are commonly used for payroll, they impact businesses the most when customers are able to apply for and utilize the card. This fosters brand loyalty. Taking advantage of such financing technologies boosts sales while keeping consumers coming back for repeat purchases. There are a few options out there for White Label cards, but most fail to seamlessly integrate into existing payment flows the way Wallester’s do.
Offering financing leads to an increase in profit, but that means nothing unless the procedures are fully compliant with all regulations. This is why only an established company should be trusted to facilitate the drastic change in how business is done.
Wallester White Label Solutions
Launching your card program through Wallester’s White Label system enables you to emphasize your brand identity through customized cards and, if desired, an exclusive mobile app design. The implementation of a unified CRM platform makes card program management more efficient and user-friendly. A personalized back-office portal is equipped with all of the tools needed to process cardholder data as conveniently as possible. Online customer support, risk control and statistical data analysis are all available in real time, on a single platform.
They have achieved the status of being an esteemed Visa Principal Member. This distinction permits Wallester to issue Visa cards of all types. Also, this merit allows them to directly interact with payment systems and independently make payments to counterparties. Wallester is endorsed by the Estonian FSA. Obtaining a cross-border license for EU and EEA member states has given them the ability to execute payment transactions, provide financial services and trade freely with minimal additional approval needed.
Other than in Estonia, Wallester is authorized to provide services and do business in Croatia, Denmark, Italy, Ireland, Iceland, Lithuania, Poland, Portugal, France, Austria, Romania, Germany, Greece, Cyprus, Latvia, Luxembourg, Netherlands, Malta, Sweden, Norway, Slovakia, Slovenia, Czech Republic, Finland, Belgium, Bulgaria, Spain and Hungary.
Conclusion and Pitfalls of Outdated Card Issuing Solutions
Wallester’s cutting-edge solutions are tailored to all industries and business segments. They pick up where so many others have fallen short. They make sure you are engaging your market in the most effective ways possible and address the top problems associated with card issuing. The number one problem with outdated card issuing services is the lack of impactful branding and slow money transfer times. Wallester has addressed these matters and makes it their mission to user clients into the modern approach to creating brand loyalty and customer relations.
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