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Customer-driven card-control systems gaining in popularity

Customer-driven card-control systems are starting to become more popular. They also provide greater security and a way for customers to control their payment instruments via one smartphone-ported application. Specifically, card-control systems allow for spend tracking (and limits), parental controls, safe mode (for single transactions) and corporate controls (for increased transparency, control and reporting). Card-control systems are also helping banks minimize fraud risks and boost revenues from digital transaction volumes.

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