You’ve decided (or are close to deciding) to offer your cardholders the ability to receive a new or replacement credit or debit card in-branch, quickly and conveniently. Now, you need to make a number of key decisions on how to build out your program. These decisions range from the number and types of card printers to the type and amount of card stock to keep in inventory, as well as how many employees to train on the system.
However, the most important decision you will make prior to implementation is the type of software hosting model on which to build your instant issuance card program.
Fortunately, financial institutions today have a choice between two hosting models: Software as a service (SaaS) and software for purchase (SFP) (also known as ‘on-premise’).
In this eBook, we share six reasons why the SaaS model, where the data is maintained in a secure cloud-based server managed by your solution provider, offers benefits over the SFP model to support your institution’s instant issuance needs.