Instant Issuance of Payment Cards through Digital Branches
Today’s consumers want their financial institution to offer services that align with their lifestyle, including engaging communications, instant service or response, multiple options and convenience. This forces organizations to constantly re-evaluate and re-vamp their existing standard operational procedures. Digital breeches are on the rise. According to Entrust Datacard, recent research reports from Euromonitor International, annual debit card payments have continued to increase by double-digits in India which will continue to be a debit card market with 90%+ card circulation within the overall card portfolio.