CoreCard has examined how customers’ use of wallets, contactless devices and prepaid products changes the technology needs of card programs. Its article, published on January 1, 2025, calls for flexible card platforms that can connect with multiple payment interfaces.

The company describes a move away from tightly coupled proprietary systems toward modular platforms and payments-as-a-service. Its focus is how banks, processors and merchants can manage card programs as customers use additional ways to access and spend funds.

Wallets and connected payment devices

CoreCard recommends supporting links between cards, accounts and mobile wallets, with tokenization discussed as a way to protect account information. The article also covers contactless cards, payment-enabled devices and biometric checkout as changes in the customer experience.

Wearables are another interface considered in the article. Its market-growth reference is a forecast for 2021–2026, not an observed growth rate for the year of publication. CoreCard connects the forecast with the need to let users link eligible credit or debit cards to compatible devices.

Prepaid program options

The prepaid section describes products loaded with a set value, including gift-card-like uses, and the choice between reloadable and non-reloadable cards. It also mentions loyalty incentives and multi-currency products as options a card program may support.

CoreCard considers blockchain as another possible direction for payment infrastructure while acknowledging regulatory and volatility concerns. The article’s broader argument is that changing payment interfaces require adaptable card-management systems.

The company identifies its role as a technology partner providing platforms for processors, banks and merchants to create and manage card programs. The article discusses the architecture and product options involved in those programs.