CPI Card Group White Paper Lights the Road to a Rewarding Dual Interface Card Program
April 19 2018 - 9:00AM
Business Wire
“Catching the Dual Interface Wave” Explores the
Contactless Card Trend and Offers Guidance to Financial
Institutions on Successfully Transitioning Their Portfolios
CPI Card Group Inc. (Nasdaq:PMTS, TSX:PMTS) (“CPI” or the
“Company”), a global leader in financial and EMV® chip card
production and related services, today released “Catching the Dual
Interface Wave,” a white paper that highlights the imminent rise of
dual interface cards in the U.S. and factors driving the timeliness
for financial institutions to embrace the contactless card
trend.
Dual interface cards have already forged a dominant presence in
countries across the globe, with Juniper Research predicting they
will account for 80 percent of total global contactless
transactions in 2019. A contactless future in the U.S. is now on
the horizon given the fast, frictionless experience dual interface
cards can provide consumers, the new technologies and design
capabilities being employed in their production and the positive
impacts they can offer a financial institution’s business.
“Issuers can find opportunity to capitalize on the
consumer-driven shift to contactless with impressive dual interface
offerings available today – from advanced, air coupling
construction and a multitude of application technologies to robust
card design features,” said Jason Bohrer, SVP and General Manager -
Secure Card Solutions, CPI Card Group. “Through this white paper,
we hope to guide issuers towards efficiently launching high-quality
dual interface cards in the market.”
“Catching the Dual Interface Wave,” breaks down the different
factors contributing to the momentum behind contactless cards in
the U.S. – exploring the mutually rewarding benefits available to
consumers and financial institutions alike, given expanding
merchant acceptance and the projected volume of contactless
transactions expected over the next few years. To download
“Catching the Dual Interface Wave,” click here.
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 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.
EMV is a registered trademark or trademark of EMVCo LLC in the
United States and other countries.
Card@Once is a registered trademark of CPI Card Group, Inc. The
Card@Once product is protected by the US Patent No.:8429075 of CPI
Card Group, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20180419005336/en/
ICR Inc. for CPI Card GroupLaura Anderson,
203-682-8267media@cpicardgroup.com