New value-added service empowers financial institutions to offer their cardholders seamless, stress-free journeys all over the world
Digital wallets have become an essential part of the travel experience for many, with 74% of U.S. travelers now using them on their trips. Kicking off the summer travel season, Visa, a global leader in digital payments, announced its Digital Emergency Card Replacement, a new service that promptly delivers a digital card replacement on behalf of card issuers via text or email.
„Once received, cardholders can authenticate and add the new card into their digital wallet, offering a convenient, fast and secure solution that helps enhance travel experiences and boost issuer customer satisfaction.’ – according to the press release.
„We’ve all felt that moment of panic while on vacation – the loss of a card and the feeling of being stranded,” said Kathleen Pierce-Gilmore – global head of Issuing Solutions at Visa. “Our new digital emergency card solution addresses these very issues. It offers instant, secure access to funds for travelers, while enabling issuers to deliver superior customer service. It’s a win-win, demonstrating the power of digital payments to improve experiences for everyone.”
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Visa continues to meet growing consumer demands for seamless, secure digital payments with the introduction of the Digital Emergency Card Replacement. This new enhancement to its Global Customer Assistance Services provides an additional layer of support, complementing issuers’ own emergency services. The Global Customer Assistance Services, with its robust distribution network, established partnerships, and rapid card production and delivery across five continents, efficiently supports card issuers in today’s ever-evolving digital landscape. Annually managing over three million multilingual interactions, this service is an impactful solution for issuers already utilizing Visa’s around-the-clock emergency services.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
