What is the advantage of using the cardholder-initiated setup process?

The advantage of using the cardholder-initiated setup process primarily lies in the security of cardholder personal data. When cardholders initiate the setup process themselves, it typically involves direct interactions with secure systems, often employing encryption and other security measures to protect sensitive information. This self-service approach minimizes exposure to unauthorized access and reduces the risk of data breaches that can occur when sensitive information is handled by multiple intermediaries. The emphasis on securing personal data is crucial in maintaining the integrity and trust necessary for any financial transaction.

While there may be elements of speed, flexibility, and simplified reporting in various processes related to card management, the primary focus and advantage of a cardholder-initiated setup is the enhanced security for the individual's personal data. This prioritization helps safeguard against potential fraud and ensures that cardholders feel more secure in managing their accounts.