Card-as-a-Service: Technologies and Use Cases for Banks and Fintechs

Card-as-a-Service is proving to be the next big “as-a-service” for banks and fintechs who seek to diversify their card issuing revenue and reach new customer segments. What kind of functionality is usually expected from a CaaS provider? What are the benefits of CaaS for non-financial companies?

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If your company aspires to become a Card-as-a-Service provider, read this article by OpenWay, a top-ranked payments technology vendor, to learn the answers. We will cover:

  • What is CaaS and what it is not
  • Which card issuing, processing, and managing functions CaaS providers are expected to provide
  • Who are the players and partners in the CaaS space
  • Benefits of the CaaS operational model – what kind of cards can be issued, and for whom


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