Case Study: North American Bancard achieves reduced CAPEX and new revenue opportunities with [x]cube LABS' mobile card reader solution

North American Bancard - Customer Case Study

North American Bancard, a payments provider in the BFSI sector, teamed up with xcube LABS when smartphones were still new to the credit card industry. The challenge was to create a first-of-its-kind mobile card reader that would integrate with smartphones so Bancard’s large network of merchants could accept Visa, MasterCard, American Express, Discover and PayPal payments on the go while cutting the capital expense of traditional card terminals.

xcube LABS provided strategy and development consulting to integrate Bancard’s proprietary reader with mobile devices, delivering a compact, secure solution that enabled anytime, anywhere payments. The outcome reduced CAPEX for merchants, expanded acceptance options to multiple card brands and PayPal, and unlocked new revenue opportunities for North American Bancard.

North American Bancard