• Integrating with a third party payment processor to handle card issuance.
• When someone swipes their debit card, following the ISO 8583 specification for obtaining the transaction information (this is how we know if it's an ATM withdrawal).
• Using ACH/Stripe to allow customers to fund their checking accounts.
We also want to be competitive with our terms, so we offer a return of 2.1% APY on checking deposits. I'm happy to answer any questions, technical or otherwise!
[1] https://levelbank.com/
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