An end-to-end digital-first solution
Lunar chose Nets Processing and Account Management Services, which is integrated via APIs. This gives Lunar flexibility and full control over their own products, allowing them to configure their card products as they wish. For example, the psyical black coulored plastic cards are designed to their young target audience, who appreciates modern design.
The products in Nets Digital Lifecycle Management portfolio were chosen to fit their digital-first target audience’s changing needs, and includes virtual cards, self-selected PIN, xPays (Apple Pay and GooglePay), and supports automatic processes.
Lunar’s customer onboarding process is fully-digital, automated, configured to be quick and easy: it takes less than a minute to sign up through the mobile app and less than 24 hours before for approval of the KYC, upon which a virtual account with a virtual credit card with a self-chosen pin is issued and available to the customer in the app. The customer can order a physical card right away and use it upon receival using a self-chosen pin. While the basic account is free, the customer can choose to upgrade to premium and pro membership to get extra accounts, benefits and cards.