What is a visa provisioning service?

A visa provisioning service is a service that enables financial institutions such as banks, credit card companies, and payment processors to issue and manage visa debit and credit cards to their customers. This service provides the necessary technology and infrastructure required for financial institutions to securely provision cards with account information such as card number, expiration date, and security code onto a customer's mobile device or digital wallet.

Visa provisioning services also allow financial institutions to manage and monitor their card programs in real-time, including controlling card usage, setting spending limits, and canceling lost or stolen cards. With this service, financial institutions can offer their customers a seamless and convenient payment experience that is accessible through their mobile devices without the need for physical plastic cards.

Overall, visa provisioning services provide financial institutions with the necessary tools to enable their customers to pay how they want, when they want, and where they want, while increasing security and reducing the risks associated with traditional payment methods.