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NewProducts
NewProducts

Issue cards in a snap with

developer-friendly platform

label app, McCarthy stated. The platform gives users a
virtual bank account, transparent pricing and white-
label support without requiring upfront commitments or
minimum volumes. Its ease of use and modular design
makes it simple for partners to resell as a service to their
own clients, he added.
Fast, fair, easy
pto Payments, a next-generation card and pay-
ments platform, launched its Instant Issuance Apto's Instant Issuance replaces slow, complex and
platform, a self-serve solution designed to expensive card issuance with a system that is fast, easy and
A enable merchants, financial institutions and all fair, McCarthy noted. The platform is PCI DSS-compliant
types of businesses to issue debit cards. The company stat- and offers tools to manage chargebacks and disputes.
ed that first-time users and developers can use the platform Users who visit the platform and sign up for a card receive
to design and launch a market-ready debit card program in a virtual bank account linked to the card, which they can
record time. fund with instant debit card transfers, ACH and direct
deposit, she pointed out.
Meg Nakamura, co-founder and chief executive officer at
Apto Payments, noted that card issuance has historically Greg Kidd, co-founder at Apto Payments, described the
been the province of large financial institutions with the platform as a key milestone in democratizing financial
capacity to deal with compliance and logistics hurdles. "At services and improving accessibility for players of all sizes
Apto, we believe card issuance is overdue for an update," she and categories.
said. "With our Instant Issuance platform, we are not only
making the process easier, but fairer and more equitable." "Apto has always been at the cutting edge of card issuance,
having created the first bitcoin-backed debit card and
Mike McCarthy, head of business development at Apto worked on programs for many early innovators in the
Payments, agreed, stating that Apto has payments space," Kidd said. "By lowering the barriers for
been at the cutting edge of card issuance for several years. companies to enter the market quickly, we are continuing
"We have always been committed to making card issuance to change the game and move the payments industry
possible for underserved companies and use cases," he said. forward."
"Initially, this led to our focus on cryptocurrency programs,
and we built the first bitcoin debit card. Now we are
expanding our purview and making card issuance possible
for companies who, due to scale or other requirements,
would not be served by the larger players in the industry."
By developers, for developers

McCarthy pointed out that Apto's Instant Issuance platform
is designed to give end-users a frictionless, self-serve
experience. Developers can get a fast start by using the
platform's sandbox and easily switch to production mode
to customize cards, onboard users and track sign-ups and
revenue, he noted.

"Instant Issuance makes card issuance accessible to
companies of all kinds and sizes," McCarthy said. "Now, Company: Apto Payments Inc.
alongside the larger enterprise programs we have run for
the last several years, we are able to empower a larger array Product: Instant Issuance
of companies to issue cards using Apto." Website: www.aptopayments.com
Contact: mike@aptopayments.com
In addition to speed to market, Instant Issuance gives
developers access to a full suite of APIs, SDKs, and a white
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