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From physical to virtual cards and their value in financial services

1 min read.

A good variety of payment solutions are required for businesses to remain competitive and increase their market share in an environment where customers demand more options and greater flexibility.

When solutions are created to connect organisations to customers, it is vital those customers feel in complete control of their money. To achieve this, a reliable and trustworthy enablement partner is an important foundation. Ukheshe Technologies creates payment solutions that provide these benefits and more, always ensuring that the customer journey remains at the core of our technology. Card issuing doesn’t need to be complicated, which is why Ukheshe’s end-to-end card issuing solution is simple, transparent and assists our clients in delivering a seamless experience to consumers, whatever their preferred payment method.

According to the 2021 Global Payments Report by FIS, digital wallets will likely overtake credit cards in Singapore as a preferred online payment method over the next four years. While other markets may be slower to adopt, the acceleration of these and other fintech trends show why it’s imperative for organisations to partner with a provider that can offer the convenience of both physical and virtual cards, depending on the market and consumer demands. Because Ukheshe is a full-service card solution provider, we provide clients with specialised EMV card products and EMV card chip platforms.

In addition to simplified card issuing, the beauty and functionality of Ukheshe’s Eclipse API is that it was developed to consolidate digital payments solutions and services through a single multipurpose platform.


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