What is the primary service provided by a card registration company?

The primary service provided by a card registration company is registering credit card numbers for protection against loss. This function is vital for enhancing the security of cardholders by keeping their card information safe in a secure database. If a card is lost or stolen, customers can report it to the card registration company, which then can assist in mitigating fraud and unauthorized transactions by enabling quick blocking of the compromised card and providing backup card information if necessary.

While managing customer transactions, offering rewards programs, and conducting credit checks relate to different aspects of the financial services industry, none of those services encompass the core function of a card registration company. Transaction management involves overseeing and processing purchases, rewards programs focus on customer incentives, and credit checks assess financial reliability but do not provide the specific protective necessity that card registration services do.