Visa Push Provisioning is a system designed to enable financial institutions to facilitate the seamless transfer of payment credentials from card issuers to mobile wallets and other digital platforms. This process is particularly useful for accelerating the adoption of digital wallets, allowing cardholders to securely store and use their payment information on mobile devices.
Key components of Visa Push Provisioning include:
- Secure transmission of card details to digital platforms.
- Fast and efficient credential activation process.
- Seamless user experience for cardholders across multiple devices.
Important: The primary goal of Visa Push Provisioning is to streamline the process of linking payment cards to mobile wallets, reducing friction and increasing user engagement with digital payment systems.
The provisioning process can be broken down into several key steps:
- Initiating the push of payment credentials from the issuer to the wallet provider.
- Ensuring security protocols, including encryption and tokenization, are in place.
- Verifying the user’s identity through various authentication methods.
Below is a table summarizing the steps involved:
| Step | Action | Details |
|---|---|---|
| 1 | Credential Push | Issuer sends payment details to digital wallet. |
| 2 | Authentication | Verification of user identity via secure methods. |
| 3 | Activation | Digital wallet activates payment method for use. |