3/5/2023 0 Comments Xyra powercardImplementing PowerCARD next generation Card Management System and Authorization Server offers some noteworthy benefits: The deployment of PowerCARD next generation CMS enables the launch of new products easily, such as numberless cards. HPS built a comprehensive, flexible and forward-thinking CMS offer enabling instant issuing of any card, card product digitalization through Tokenization, open APIs, dynamic CVV2 management, etc. HPS understands the difficulties encountered in the path to digitalization and offers a simple answer: PowerCARD, the next generation Card Management System and Authorization Server.įor banks struggling to implement numberless cards on their existing CMS, HPS offers a simple solution with an unbeatable time to market: a new Card Management System, co-existing with the existing systems, to support the launch of multiple numberless cards products.ĭelivered in SaaS or on-premise, PowerCARD can be deployed as the main Card Management System or in parallel of existing systems.Įasy deployment of a new CMS to launch numberless cards As a matter of fact, legacy systems usually don’t have real-time issuance capabilities, lack support for virtual cards, have limited capabilities to implement card tokenization and limited flexibility on the authorization server for dynamic card checks, notifications, etc. Green PIN delivery possible through the app.īut for established banks that feel locked-in by their own legacy platforms, the launch of a new digital product or offer can be challenging. Going digital with numberless cards is appealing for many reasons:Ĭards are available immediately in a digital format: no need to wait for the card manufacturing & delivery to use it.īiometric authentication with x-wallet payments and dynamic CVV2.Įnsuring the maximum acceptance everywhere. This recent trend appears to be one of the “must haves” offer in terms of security. Numberless cards help prevent the theft of personal and financial data by minimizing security concerns. Offering such type of cards is a genuine step forward both in terms of simplicity and security & confidentiality. The difference is for an online purchase where the digital version of the numberless card is used though the app to get the number, with a dynamic CVV security code, thereby adding an extra layer of security. The usage of numberless cards is as simple as traditional cards usage: in-store purchases require the user using plastic numberless card to enter the PIN code at the point-of-sale terminal. Card numbers can be retrieved in the digital version of the card, via an app. Numberless cards are plastic cards with no visible numbers or codes. Over the course of the last few months, many card issuers across Asia, Latin America and Europe have introduced numberless cards to secure customer data.
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