Confused about Payouts, eCom Transactions, and Card-to-Card Payments? This episode cuts through the confusion and explains the key differences between these three popular card-based money transfer solutions. We'll explore:

• When to use each solution: Discover the best fit for topping up user accounts, sending payouts directly to cards, and facilitating seamless card-to-card transfers.
• The impact of your choice: Understand how each solution affects fees, AML requirements, and overall user experience.
• Expert insights: Gain valuable advice on selecting the right product for your specific business needs.

Don't let confusion derail your payment strategy. Tune in and learn how to choose the most efficient and cost-effective solution for your card-based money transfers.

Check out Verestro's solutions: www.verestro.com & developer.verestro.com

Do you want to issue cards to your users? In this episode 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 target segment, some or thousands of users and you have a mobile application for your customers. You have decided to go live with card issuance in order to increase revenue and user loyalty.

Tune in and discover key decisions and steps you need to take to get ready for a card issuing program!

Contact us: www.verestro.com
Visit our Developer Zone!

The episode podcast features Verestro, a fintech-as-a-service provider, and compares it to traditional software companies (software houses). The main difference is that Verestro offers off-the-shelf, licensed fintech solutions, focusing on integrations, multi-account processing and payment card processing, rather than custom software development. Verestro stands out for its fast implementation (1-2 months), low cost (€10-20k), global reach and comprehensive support. The company emphasizes its expertise in financial regulations and long-term partnerships with clients.

Check it out: www.verestro.com

Have you already thought about new employee perks at your company? How about issuing and managing lunch cards? The Verestro Business Control solution enables issuing virtual cards, managing card limits, and more. You can implement the entire business expense management solution or focus on employee benefits exclusively. Listen to our podcast episode and contact us for more details: verestro.com

The PAYOUT TO X-PAYS solution is designed to enhance the user experience by enabling fintechs to offer a streamlined and secure method for clients to execute instant payments directly to Apple Pay and Google Pay tokens. This functionality eliminates the cumbersome process of sharing sensitive bank account or card information, making payouts quicker and more user-friendly.


Listen how it works!

Read more: Verestro Payouts to X-Pays

This episode focuses on NFC contactless payments on the iPhone. Following the European Commission's decision, Apple has made NFC functionality available to third party apps, allowing them to compete with Apple Pay. Verestro's solution provides integration with tokenization systems and allows companies to quickly implement NFC payments in their apps. 

This episode delves into the critical factors to consider when selecting a BIN sponsor or card issuer. The discussion highlights the importance of understanding revenue-sharing models, cost structures, and functional capabilities. The episode emphasizes the significance of evaluating a partner's financial stability, security measures, and long-term commitment. By addressing these key considerations, businesses can make informed decisions to optimize their card issuing partnerships and mitigate potential risks.

Discussed source: How to choose a BIN sponsor and card issuing partner?

The podcast episode provides a comprehensive overview of various money transfer methods, including their advantages and disadvantages. It emphasizes the importance of offering multiple options to cater to diverse user needs and preferences. By understanding the strengths and limitations of each method, businesses can optimize their payment strategies and enhance user experience.

The podcast episode discusses the Payouts to Cards solution, offered by Verestro Fintech as a Service, which allows money to be transferred quickly and easily to Mastercard or VISA cards.

The service works similarly to traditional bank transfers, but using the card number instead of the bank account number. The main advantages of Payouts to Cards are the speed of the transfer (usually within 30 minutes) and the ability to send money worldwide. It can be an attractive alternative to traditional transfer methods.

If you’re interested in launching such a fintech product in your app, read more in the Verestro Developer Zone: https://developer.verestro.com/books/knowledge-center/page/payout-to-cards

This podcast episode describes the Verestro fintech service, which allows companies to offer their customers bank accounts with an IBAN number. This service allows a company's customers to transfer money through these accounts, just as they would with traditional banks. Verestro works with several payment institutions and banks to provide IBANs and seamless cash flows to their customers. 

Leverage Verestro's financial technology and boost your business!

Visit our website and contact us today!
https://www.verestro.com/