Remember the old paper-based POS card terminals, also known as zipzap machines or knuckle busters? It’s amazing to think how payments have evolved since the 1980s. Cardholder signatures were replaced by PINs, which were superseded by taps and swipes. Nowadays it’s all about presenting a digital device to make a purchase.
This front-end revolution in how we transact using cards has been enabled by API-powered tech. And in the modern era, building a prepaid, debit or credit card product requires more knowledge about computer coding than financial services.
It’s also essential to have a clear idea about the kind of user journey you want to offer. Because with today’s card programme tools, innovators have the ability to create hyper-personalised experiences and functionality unique to each customer.