2. Activation and Deactivation

Activation:

• Omni-Channel Activation: Supports activation through multiple channels, including IVR (Interactive Voice Response), SMS, online portals, and mobile apps.
• Secure Activation: Uses multi-factor authentication (MFA) and encryption protocols to ensure secure activation processes.

Deactivation:

• Real-Time Deactivation: Allows real-time deactivation of cards through APIs, ensuring immediate response to lost or stolen card reports.
• Hot Listing: Maintains a hot list of deactivated cards in the CMS, preventing any further unauthorized use.