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Before launching a virtual debit card program, consider a few critical aspects to ensure you choose the best virtual card issers for your business needs:
Matching Payment Features to Business Needs: Evaluate whether the provider’s platform aligns with your requirements. For instance, if your business model requires a seamless on-ramp and off-ramp solution and exchange wallets, make sure the provider offers robust tech capabilities that support these functions across multiple currencies.
Testing APIs in a Sandbox Environment: Check out the provider’s API sandbox environment to see how easily their technology integrates with your systems. The public sandbox is freely available for product building and testing, helping you fine-tune before going live.
Transparent Pricing: Understand the provider’s pricing model. Look for transparency with no hidden fees, as payment providers are often long-term partners. Knowing the cost breakdown helps ensure a sound investment.
Regulatory Compliance Readiness: Given upcoming regulations like MiCAR, it’s essential to partner with a provider that’s fully licensed and equipped to handle compliance. A compliant provider should also have a skilled KYC/AML team to ensure secure, compliant user onboarding.
After selecting the right provider, you’ll be ready to begin building and testing your product with confidence.
Launching Virtual Payment Cards for Your Users
Virtual cards can simplify and secure crypto payments, enabling users to make purchases instantly without pre-funding. The APIs allow you to launch a virtual debit card program within six weeks, making it easy to roll out a branded card experience.
1. Design and Brand the Card: Either create the card design in line with your brand guidelines or work with Striga’s team to bring your vision to life.
2. Integrate with Open APIs: A card issuing API with accessible documentation and the public sandbox, letting the technology handle complex backend processes.
3. Manage Operations Seamlessly: The intuitive dashboard to oversee transactions, payments, card lifecycles, and more, giving you full control over program management.
4. Launch Your Program: After thorough testing, go live with your branded virtual card program, bringing a seamless and modern payment experience to your users.
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