CPI Card Group® Expands Their Metal Card Offerings with a New Tungsten Card
August 15 2023 - 6:00AM
Business Wire
Premium card design combines upscale feel with
dual-interface payment options
CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a
payment technology company providing a range of credit, debit and
prepaid solutions, complementary digital solutions, and
Software-as-a-Service (SaaS) instant issuance, today announced that
it has expanded its offerings of encased metal cards to include a
contactless tungsten card.
By embedding tungsten metal between layers of plastic, the new
Encased Tungsten Card weighs approximately four times more than a
standard plastic payment card. In addition to a sophisticated
“heaviness” that makes this card unique, its dual-interface
capability enables users to choose between traditional (i.e.,
swiping or chip insertion) and contactless (i.e., hover-to-pay or
tap) payment methods.
“At CPI, we maintain a people-first focus as we work to keep up
with the fast-paced world of payments,” said John Lowe, the
Executive Vice President of End-to-End Solutions. “Many consumers
are embracing metal cards, and more brands are seeking ways to
distinguish themselves in the expansive U.S. cardholder market. Our
dual interface Encased Tungsten Card offers yet another solution to
help keep financial institutions building customer loyalty and
running on all cylinders.”
Metal card options like CPI’s Encased Tungsten Card and Encased
Steel Card give cardholders a perception of “insider” membership
and an upscale tactile experience and add more luxurious offerings
to the Company’s product lineup. Offerings like these combine the
most convenient dual interface technology with the most premium
material available for a payment card for discerning
cardholders.
CPI is a top payment solutions provider in the U.S., and serves
thousands of banks, credit unions and fintechs. The Company
personally collaborates with clients to deliver innovative,
seamless, end-to-end solutions that win with customers. In addition
to encased metal cards, CPI offers prepaid cards, eco-focused
cards, and many other card solutions with a variety of
personalization options.
About CPI Card Group®
CPI Card Group is a payment technology company providing a
comprehensive range of credit, debit, and prepaid card solutions,
complementary digital solutions, and Software-as-a-Service (SaaS)
instant issuance. With a focus on building personal relationships
and earning trust, we help our customers navigate the constantly
evolving world of payments while delivering innovative solutions
that spark connections and support their brands. We serve clients
across industry, size, and scale through our team of experienced,
dedicated employees and our network of high-security production and
card services facilities—located in the United States. CPI is
committed to exceeding our customers’ expectations, transforming
our industry, and enhancing the way people pay every day.
Learn more at www.CPIcardgroup.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230814111651/en/
Dix & Eaton for CPI Card Group Daijha Johnson 216-241-4623
media@cpicardgroup.com
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