IN1, a global platform for unified fiat and cryptocurrency financial management, sought to enhance its user experience by offering seamless card issuance and account management within its mobile application. By partnering with Verestro, IN1 successfully implemented a comprehensive card issuing solution, empowering users with virtual cards, multi-currency accounts, and the ability to effortlessly switch between fiat and cryptocurrency payments. This collaboration significantly boosted IN1's user base, transaction volume, and overall platform functionality.
Table of Contents:
Client's Background: IN1
IN1 is a pioneering financial platform that consolidates fiat and cryptocurrency management into a single, user-friendly mobile application. Utilizing advanced technology, IN1 integrates with various financial service providers, enabling users to manage all their cards and accounts in one place. Key features include:
Unified financial management of fiat and cryptocurrencies.
Seamless integration with other financial services.
Fiat accounts, crypto wallets, and a dual fiat/crypto card.
High regulatory compliance and advanced security measures.
Easy switching between fiat and crypto for card payments.
The Challenge
IN1 aimed to provide its users with greater flexibility and control over their finances. To achieve this, they needed to:
Enable instant virtual card issuance within the app.
Offer multi-currency accounts (EUR, USD, PLN).
Facilitate seamless switching between fiat and cryptocurrency payments.
Enhance the overall user experience and attract a wider audience.
The Solution: Verestro Card Issuing Platform
IN1 partnered with Verestro to leverage their comprehensive card issuing platform. This collaboration enabled IN1 to:
Integrate Verestro's API to facilitate instant virtual card issuance.
Implement a seamless switching mechanism between fiat and cryptocurrency payments.
Benefit from Verestro's secure and reliable infrastructure.
Card Issuing Implementation and Results
The implementation of the Verestro card issuing solution was a success, leading to the following significant outcomes:
Increased User Adoption: The IN1 app has achieved over 200,000 downloads and 200,000 unique user journeys, indicating strong market acceptance.
Enhanced User Experience: Users now enjoy the freedom to choose how they pay, with the ability to switch between fiat and crypto seamlessly.
Expanded Functionality: The introduction of virtual cards and multi-currency accounts has significantly broadened the platform's functionality.
Increased Transaction Volume: Tens of thousands of virtual cards are in use, driving countless transactions worldwide, from everyday purchases to significant investments.
Simplified Financial Management: Users find it easier to manage their finances with IN1's unified platform.
Market Penetration: The ability to offer a single card for multiple purposes has resonated well with the market.
Key Benefits
Flexibility and Control: Users have greater control over their finances with multi-currency accounts and seamless switching.
Convenience: Virtual cards enable instant and secure transactions.
Innovation: The dual fiat/crypto card positions IN1 as a leader in the fintech space.
Security: Verestro's secure platform ensures the protection of user funds.
Scalability: The solution is scalable to accommodate future growth and additional features.
Partner with Verestro and Launch Your Card Program
The partnership between IN1 and Verestro has been instrumental in revolutionizing financial management for users. By implementing Verestro's card issuing solution, IN1 has successfully provided a comprehensive and user-friendly platform that empowers individuals to manage their fiat and cryptocurrency assets with ease. The success of this implementation demonstrates the power of collaboration and innovation in the fintech industry. If you are interested in launching your own card program, contact us today!
