January 20, 2022 – While cards are still more convenient for cardholders to use than other forms of payment, that could change if alternative digital payment methods (PayPal, RTP, and cryptocurrencies) are integrated into the mobile device for QR code or NFC payments. By removing the need to have a card in hand at the POS or manually enter card data online, push provisioning of a card removes most or all friction from adding cards to a mobile device or merchant website.
This Impact Report discusses digital issuance and push provisioning of a digital card and why push provisioning adds value to issuers and cardholders. This report is based on Q3 and Q4 2021 interviews with seven push provisioning and digital card issuance solutions providers in the U.S. and abroad. This report includes the following vendors: Antelop Solutions (Entrust), Ciphertext, FIS, Fiserv, Galileo, Marqeta, and Visa.
This 28-page Impact Report contains four figures and nine tables. Clients of Aite-Novarica Group’s Retail Banking & Payments service can download this report and the corresponding charts.
This report mentions Antelop Solutions, Ciphertext, Entrust, FIS, Fiserv, Galileo, Marqeta, MeaWallet, Softjourn, and Visa.