
Make it simple for customers to fund a bank account or check out of an online shopping cart.
Vendor
Tungsten Automation
Company Website
Quick and easy mobile account management
Make it simple for customers to fund a bank account or check out of an online shopping cart.
Overview
Tungsten Mobile Credit and Debit Card™ removes friction from the mobile payment process by allowing your customers to take a photo of their payment card to initiate transactions. Make transactions easy with a solution that supports both in-app and mobile web browser payments.
Improve customer satisfaction
Reduce data entry errors with a card capture and extraction solution that enhances straight-through processing rates to deliver a fast, frictionless experience for your customers.
Reduce unfunded bank accounts
Remove one of the biggest challenges when onboarding new mobile customers: unfunded checking or savings accounts. The credit and debit card capture and extraction software closes the loop on the account opening process using mobile.
Decrease order abandonment
Deploy “snap and pay” technology on a mobile app or mobile browser to reduce shopping cart abandonment. Customers are more likely to complete transactions and banks can realize greater revenues.
Benefits
Why customers choose mobile credit and debit card
Reduce errors and increase efficiency
Auto-populating forms reduce the time to complete a transaction and improve accuracy by eliminating typing mistakes. The solution automatically extracts the card number, expiration date and card type.
Server-based payment card extraction
Directly support mobile browser and app-based onboarding via server-based payment card extraction—the only solution on the market to offer this functionality.
Multiple mobile solutions on a single platform
An unrivaled range of capabilities for mobile capture, ID verification and facial recognition, bill pay and check deposit—all on a single platform. Expand into new use cases without having to invest in new technology.
Features
How mobile credit and debit card can help
Ideal for any business
Reduce unfunded accounts in banking applications and decrease shopping cart abandonment at check out in online retail environments.
Comprehensive data capture and extraction
Provide support for bank-issued credit and debit cards. Offer automatic data extraction of card number, expiration date as well as card type. On-device embossed credit card extraction is available.