PURCHASE, N.Y.—Mastercard reported it is expanding its Digital First Card program in North America by partnering with several payment processors to provide consumers with end-to-end payments options at scale.
“By enabling processors with the technology and go-to-market strategy to work with the issuing banks, the consumer is able to apply online and receive near instant issuance and access to card information; make online, in-app or point-of-sale purchases almost immediately; get quick access to card information such as expiration date and CVC2 but eliminating the need for it to be displayed on a card,” Mastercard stated in a release.
If a customer wishes a physical card, it can be made available as well.
Through the expanded program cardholders will also be able to manage their accounts, review their transaction history, their balance and more, Mastercard said.