CPI Card Group Sees Strong Market Adoption of Card@Once® Instant Issuance Solution, Surpasses 1,100 US Bank & Credit Union C...
November 10 2016 - 8:00AM
Business Wire
CPI Card Group (Nasdaq:PMTS) (TSX:PNT), a global leader in
financial and EMV® chip card production and related services, today
announced that more than 1,100 banks and credit unions are actively
leveraging its SaaS-based Card@Once® instant issuance solution to
successfully provide in-branch, instant issuance of EMV-enabled
debit and credit cards to their cardholders.
This year alone, Card@Once® users have printed more than 2.6
million cards through more than 5,100 printers operating within
4,888 individual branch locations. Through its network of
Card@Once® printers, CPI Card Group is seeing increased industry
adoption of EMV as today, half of all cards printed on-demand are
EMV-enabled.
“Instant issuance is a proven driver in attracting consumers to
the branch,” said Lane Dubin, senior vice president of sales and
marketing at CPI Card Group. “Card@Once® plays a key role in the
ongoing evolution of the branch environment where banks and credit
unions report value through cost savings and the convenience of
on-demand delivery of new cards speeding adoption of EMV.”
Card@Once® is CPI Card Group’s SaaS-enabled, desktop branch
hardware solution that facilitates on-demand printing of cards
in-branch on the institution’s choice of blank, preprinted, or
personalized stock. Its advanced customization capabilities and
ability to print debit and credit cards within minutes provides the
cardholder with a fully-activated payment card supporting immediate
usage and exchange revenue for the institution.
EMV is a registered trademark or trademark of EMVCo LLC in the
United States and other countries.
About CPI Card Group
CPI Card Group is a leading provider in payment card production
and related services, offering a single source for credit, debit
and prepaid debit cards including EMV chip, personalization,
instant issuance, fulfillment and mobile payment services. With
more than 20 years of experience in the payments market and as a
trusted partner to financial institutions, CPI’s solid reputation
of product consistency, quality and outstanding customer service
supports our position as a leader in the market. Serving our
customers from ten locations throughout the United States, Canada
and the United Kingdom, we have the largest network of high
security facilities in North America, each of which is certified by
one or more of the payment brands: Visa, MasterCard, American
Express, Discover and Interac in Canada. Learn more at
www.cpicardgroup.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161110005102/en/
For CPI Card Group/Card@Once®Angelo D. Jones II,
678-781-7209angelo@williammills.com
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