Veritec, Inc., along with its subsidiaries, operates in the United States,... Veritec, Inc., along with its subsidiaries, operates in the United States, focusing on the development, sales, licensing, and provision of services for mobile banking solutions. The company's product portfolio includes the Mobile Toggle Card program, a flexible debit-based, pre-paid, and gift card system for card issuers and sponsoring organizations. Veritec also provides blinx ON-OFF debit card-Visa prepaid card programs. Through its licensed mobile banking platform, Veritec enables card issuers and sponsors to introduce their own branded debit, pre-paid, and gift card programs, complemented by professional support services. Additionally, Veritec offers the blinxPay mobile wallet application, which serves as a payment processing system allowing users to make purchases at participating merchants using funds stored in their blinxPay virtual accounts. Its extensive mobile banking solution facilitates the processing and settlement of rewards for member card programs, adaptable to both open and closed-loop environments. Veritec also delivers crucial back-end card processing services to card-issuing institutions for a variety of cardholder transactions executed on its platform. Established in 1982, Veritec, Inc. is headquartered in Golden Valley, Minnesota.
