Drives Card Use, Increases Brand Loyalty
Want to provide cardholders with the kind of control that causes them to reach for your card when they purchase products and services?
Ondot's intelligent, extensible platform is built on a services-oriented architecture that delivers feature-rich services to cardholders and issuers. The CardControl service allows cardholders to control when, where and how each of the cards is used. Cardholders can also set profiles on their dependents' cards.
Providing cardholders with these capabilities increases card use while decreasing call center traffic and instances of fraud. In addition, by allowing cardholders to set preferences in five distinct areas for every card they use, CardControl increases their loyalty and satisfaction with an issuer's brand.
Gives cardholders the ability to easily change status for individual cards, increasing their confidence and decreasing the number of cards that are misplaced from being reported lost or stolen.
Allows cardholders to control where cards can be used, decreasing the possibility of false declines that could compromise an issuer's top-of-wallet status.
Addresses cardholders' desire to control spend and stay within a budget, increasing their comfort and willingness to use their cards when making purchases.
Adds a layer of control that makes cardholders feel more confident when using their cards and assists issuer in decreasing instances of fraud.
Increases cardholders' power to control where each individual card is used, making them more willing to use that card more often for small cash transactions.
More than 80 percent of transactions in the United States utilizing card services of this type are driven by the Ondot platform, allowing card issuers to drive revenue growth while increasing cost savings.