Lithic and Monavate team to build card programmes using fiat and digital services

This partnership between Lithic and Monavate simplifies how businesses launch branded card programs, including those that mix traditional cash and digital assets. For retailers and operators, this means the technical barriers to offering custom payment cards or private-label financing tools are coming down. The collaboration combines Lithic’s card-issuing infrastructure with Monavate’s regulatory and program management expertise. For businesses looking to increase customer loyalty or offer flexible spending options, this provides a faster route to market. You can now build card experiences that bridge the gap between traditional banking and digital wallets without needing to manage multiple complex vendors. The focus here is on speed and scalability. If your business model involves giving customers a line of credit or a way to spend digital rewards at the point of sale, this infrastructure makes those programs easier to manage. It reduces the compliance headache usually associated with issuing cards, allowing you to focus on the customer experience rather than the underlying payment rails.

Source: Finextra — Lending

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