CPI Card Group Introduces Eco-Friendly Contactless Payment Cards Using SECORA Pay Green Technology

Benzinga · 10/16 08:04

CPI Card Group Inc. (NASDAQ:PMTS) ("CPI" or "the Company"), a payments technology company providing a comprehensive range of credit, debit, and prepaid card solutions, fraud tools, and digital solutions including Software-as-a-Service-based instant issuance, is ready to produce the latest advancement in pay technology with a new contactless card build featuring Infineon's SECORA Pay Green. CPI began manufacturing sample cards in September and is ready with inventory in-house to work with issuers on pilots of this innovative technology.

Launched today, this All-in-One technology with an integrated chip and antenna, allows card manufacturers like CPI to expand card design options for features like card shape, colored core, clear cards and eco-focused materials. Additionally, the chip-plus-antenna design offers contactless payment technology without the need for a separate inlay within the card build, ultimately decreasing the card's carbon footprint.