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Why being the card-on-file is the key to a successful card portfolio. Cardholder behavior has changed drastically as online commerce has evolved. The PYMNTS Mobile Card Services Playbook dove into cardholder behavior, specifically behavior on storing card information online. The Playbook stated that 78.9% of customers store their payment information online. Moreover, 44% of cardholders store a card on 3-5 different sites and 30.8% store [...]

Switch provides the CardUpdatr application in two distinct ways, either on a Shared hosting service or on a Dedicated hosting service. Every institution is different and has different needs. In this blog, we’re going to help you decide which service option suits your company’s needs. The Shared hosting service provides a lower cost option for customers with low volume needs or one-time card replacement/ issuance [...]

With the recent launch of CardUpdatr™, you may be asking yourself, “How is that different than CardSavr®?” This blog is to help clear up any questions. CardSavr and CardUpdatr have a lot in common. Both CardSavr and CardUpdatr enable card issuers to help their cardholders update any type of card (credit cards, debit cards, virtual cards etc.) everywhere cardholders pay online. Finally! Cardholders no longer [...]

  You’ve probably heard about the Switch automatic payment updating technology called CardSavr™and how it uses machine learning to enable automated robotic processes that can be performed for any card on any site. With CardSavr API, the entire process of updating payment information online is carried out in seconds! The technology we’ve worked very hard to develop benefits everyone in the payment ecosystem. Card issuers [...]

The annual VOICE Summit conference is taking place this month and has us looking back at how technology has evolved. 15 years ago, we could have never imagined the possibility of using our voice to ask a computer to do something, have it understand us, and then perform an action. Today, in a world full of natural language processing, we have not only become accustom the [...]

  We recently made an announcement about Virtual Cards and how CardSavr™ API will help card issuers reach Top of Wallet™. We now want to take the opportunity to answer the most common questions about Virtual Cards. Why do we need Virtual Credit Cards? No one wants to deal with credit card fraud; from issuer to merchant, to user, this process is a total pain. Stolen [...]

We unveiled our new CardSavr API at the end of February and we're excited about its progress and the feedback we’re receiving! Following positive response from early adopters, strategic partner feedback, we recognized an opportunity to leverage Switch's core technology into the development of CardSavr. Our first-of-its-kind API empowers all card issuers with the ability to ensure new and reissued cards are placed into use on [...]