Partner Spotlight: Apto Payments launches Instant Card Issuance
What if any GlobaliD Group could launch their own branded debit card in a matter of minutes?
Maybe you’re a small business developing a rewards program. Maybe you’re a content creator or influencer looking for new ways to connect with fans. Maybe you’re a charity looking to give people a passive way to contribute through their spending.
And there will be countless compelling use cases none of us have yet thought of.
For GlobaliD, the vision of Instant Issuance is that anyone can create a Group, connect a wallet to that Group, and issue a branded payments card to Group members.
With the launch of Apto’s Instant Card Issuance platform, we’re one step closer to that vision.
Greg Kidd, co-founder of Apto Payments, co-founder and CEO of GlobaliD:
Congrats to Apto Payments for bringing Instant Issuance of payment cards to market. This empowers developers for issuing cards the same way that Stripe empowered developers a decade ago for accepting cards. Super powerful.
From the announcement:
Apto Payments, a next-generation cards and payments company, today announced the launch of its Instant Issuance platform, a self-serve, developer platform that allows companies, merchants, financial institutions, and businesses of all sizes and industries to issue debit cards. With Instant Issuance, card programs for challenger banks, employee payroll, rewards and loyalty programs, and many other use cases can be built with just a few hours of development.
Designed with developers in mind, the Instant Issuance platform offers a frictionless, self-serve experience that allows companies to quickly bring their card programs to market. While card issuance is often a slow and complex process, Apto’s Instant Issuance platform allows developers to start working in sandbox within minutes. The platform also makes it seamless and easy to switch from development to production, customize cards, onboard users, and track sign-ups and revenue. Going from sign-up to having physical cards in the hands of users can happen in as little as a week.
Meg Nakamura, co-founder and CEO of Apto Payments:
“Historically, card issuance has required immense time and resources just to establish relationships with the requisite players, deal with compliance hurdles, and, finally, initiate the program. At Apto, we believe card issuance is overdue for an update. With our Instant Issuance platform, we are not only making the process easier, but fairer and more equitable.”
Check out the full announcement.
