Seamless Card Solutions for Every Business Need: Wallester, The All-in-One VISA Card Issuer

The global card market is projected to hit $65 billion by 2025, making card issuance essential for businesses. Wallester, a leading VISA card issuer, offers customisable, secure, and seamlessly integrated card solutions for various industries. 

Looking for a reliable and innovative partner to revolutionise your business’s card solutions? Discover how Wallester, a leading VISA card issuer, can help you stay ahead in the booming card market. 

For many organisations, virtual and plastic corporate cards have become an integral part of managing finances, providing convenient purchasing options and expense management. Behind the scenes of credit cards though, are the financial institutions called credit card issuers.

Card issuers are financial firms that manage an array of electronic payment-related tasks, such as facilitating point-of-sale (POS) transactions and offering customised credit options to businesses. As of 2023, there were more than 80 active card issuers in the US alone.

Businesses must understand the workings of card issuers, as these entities have the power to create business strategies, manage financial risk, and even create market trends. You must choose card issuer services and policies, whether you're a retail giant introducing a co-branded card or a startup selecting its payment gateways.

Wallester is an all-in-one VISA card issuer that provides seamless card solutions designed for every business requirement. It is the ideal partner for businesses of all sizes with real-time analytics, global reach, and exceptional customer support.

Wallester: Your ideal card-issuing partner

Wallester offers an extensive range of services to meet the demands of different types of businesses, from start-ups to established businesses. Businesses can take advantage of the following advantages by collaborating with Wallester:

Customisable Card Solutions: Wallester offers an array of customisable card options that may be customised according to the particular needs of any kind of organisation. Wallester provides prepaid, debit, and credit cards to meet your needs. Using their platform, you can create cards that fit your needs and work seamlessly with the services you already provide.

Seamless Integration: The easy integration of Wallester with your current systems is one of its best features. Businesses may deploy card solutions quickly and efficiently without causing any disruptions to their operations due to their platform, which is driven by APIs. For organisations aiming to offer their customers a seamless user experience, this integration capability is crucial.

Enhanced Security: Security is a top priority in the card issuing industry, and Wallester excels in this area. They use advanced security techniques, like encryption and tokenization, to safeguard cardholder information. This commitment to security guarantees regulatory compliance and contributes to the development of customer trust.

Real-Time Analytics: Wallester gives organisations access to real-time reporting and analytics capabilities. These insights are quite helpful for analysing purchasing trends, keeping an eye on card usage, and making data-driven decisions. Businesses may enhance their services and boost client satisfaction by learning how consumers use their cards.

Global Reach: Wallester provides global reach as a VISA card issuer, allowing firms to market cards that are accepted wherever VISA is accepted. For companies who want to grow or have a global clientele, this international ability is essential. They work with financial (such as Banks, Neobanks, credit providers, and others), non-financial organisations (any FinTechs) and crypto companies. For example, KuCoin, Fiat24, Latvian Post (a state-owned company) and many others.

Wallester products and services

Wallester offers a range of products and services designed to meet the needs of various sectors, primarily focusing on payment solutions and card issuing. Here are the two main product verticals they offer:

Wallester Business: Wallester Business is the smartest card solution for corporate financial management, providing full control over expenses and boosting company performance.

Wallester Business provides both physical and virtual corporate expense cards linked to IBAN accounts, allowing companies to issue and manage cards with ease. The platform offers robust expense control, enabling real-time transaction monitoring and limit regulation. Payment approvals are streamlined, allowing employees to submit purchase requests for confirmation, ensuring a controlled spending environment.

White-Label Cards: White-label cards can be customised with a company’s branding and issued to customers or employees. These cards allow businesses to offer their own branded payment solutions without the need to develop the infrastructure from scratch, enhancing brand loyalty and user experience?.

Services

Wallester Business provides a comprehensive suite of services that enhance the security and functionality of their payment solutions. 

Tokenisation: Tokenisation enhances payment security by replacing sensitive card information with a unique identifier (token) that can be used for transactions without exposing the actual card details. This reduces the risk of data breaches and fraud??.

3D Secure: 3D Secure is an authentication protocol that adds an additional layer of security for online card transactions. It requires cardholders to enter a password or a one-time code to verify their identity, helping to prevent the unauthorised use of cards online.

Fraud Monitoring: Fraud monitoring services continuously analyse transactions for suspicious activity. Using advanced algorithms and real-time data analysis, these services detect and prevent fraudulent transactions, ensuring the security of cardholder accounts??.

KYC/AML: Know Your Customer (KYC) and Anti-Money Laundering (AML) services help businesses comply with regulatory requirements by verifying the identity of their customers and monitoring transactions for signs of money laundering. These processes are essential for financial institutions to mitigate risks.

PSD2 Compliance: PSD2 (Payment Services Directive 2) compliance ensures that Wallester’s services adhere to European regulations for payment services. This includes requirements for strong customer authentication, open banking APIs, and secure communication standards, enhancing the overall security and innovation in payments?.

Mobile App: The Wallester mobile app provides users with convenient access to their card accounts, allowing them to manage their finances on the go. Features include transaction tracking, card management, expense categorization, and security settings, all accessible from a smartphone?.

Wallester Business: Free trial and demo for enterprises

Wallester Business offers a free trial and a demo to help businesses experience the platform's benefits firsthand. Companies can choose a suitable tariff plan to match their specific needs and scale their operations seamlessly.

Wallester Business provides maximum opportunities for managing expenses, offering the ability to issue both virtual and physical cards to employees. Companies can facilitate corporate purchases, manage budgets by setting individual limits, and track transactions in real time.

Wallester Business also offers a fully customisable API tailored to your workflow, allowing you to connect any apps to the Wallester Business account. This integration ensures that your business processes are optimised and efficient, with customised tools and flexible settings.

The Wallester Business program modernises corporate payments, implementing fast and seamless digitalisation of key financial processes. This includes streamlining invoice management, setting up payment approval functions, tracking transactions in real time, and enhancing financial accounting capabilities.

What business tools does Wallester offer?

Wallester offers several business tools that streamline financial operations and improve expense management. These tools empower businesses to manage their finances more effectively and transparently.

Expense Monitoring: Expense monitoring tools provide businesses with real-time tracking of employee and company expenses. This ensures that all expenditures are accounted for and within budget, aiding in financial planning and control.

Invoice Management: Wallester’s invoice management features enable businesses to upload and process invoices through their mobile app. This simplifies the billing process and ensures timely payments, improving cash flow management.

Media Buying Virtual Cards: Virtual cards for media buying offer a secure and efficient way to purchase online ads. These cards can be used across various platforms, allowing businesses to manage their advertising expenses and track spending easily?.

Budget Management: Budget management tools help businesses optimise their spending by setting limits, controlling subscriptions, and monitoring expenses. This ensures that budgets are adhered to and financial resources are allocated effectively.

Expense Reporting: Expense reporting tools automatically categorise and generate reports for business expenses. These reports provide insights into spending patterns and help businesses identify areas for cost savings and budget adjustments?.

Why choose Wallester?

Choosing Wallester as your card issuing partner comes with several advantages that set them apart from the competition:

Pricing.
Wallester Business offers the most extended free package, which consists of 300 virtual cards with zero usage fees. If your business doesn’t need more than 300 virtuals, you can enjoy the product for free. Plus, physical cards are free and unlimited, however you’ll have to pay for shipping. Create a free account to try it out (referal link)

Expertise and Experience: Wallester has years of expertise in the financial sector and is well-versed in the potential and difficulties facing the card-issuing business. Their knowledge guarantees that companies get the best possible assistance and service.

Customer Support: One of Wallester's service highlights is their exceptional customer support. Companies may get help from their dedicated support team for any queries or problems, and they guarantee a hassle-free and easy experience.

Scalability: Wallester's solutions are built to scale with you, whether you're an enormous corporation seeking to expand or a small firm just getting started. Their flexible platform can grow with any size company and adapt to meet changing demands.