The Time is Now: CPI is Ready to Deploy Revolutionary New Chip Technology
CPI Card Group Inc. (Nasdaq: PMTS) is set to deploy a revolutionary new chip technology in payment cards. The company has begun manufacturing sample cards featuring Infineon's SECORA Pay Green, an All-in-One technology with an integrated chip and antenna. This advancement allows for expanded card design options and reduced environmental impacts.
Key features of the new technology include:
- Flexibility in card shape, colored core, and clear cards
- Compatibility with eco-focused materials
- Decreased carbon footprint due to elimination of separate inlay
- Expansion of CPI's eco-focused portfolio, including Second Wave® and Earthwise® cards
CPI is now accepting orders for pilot programs and will showcase card samples at the Money 20/20 fintech trade show in Las Vegas from Oct. 27-30.
CPI Card Group Inc. (Nasdaq: PMTS) è pronta a lanciare una nuova tecnologia rivoluzionaria per i chip delle carte di pagamento. L'azienda ha iniziato a produrre carte campione con il SECORA Pay Green di Infineon, una tecnologia All-in-One con un chip e un'antenna integrati. Questo progresso consente maggiori opzioni di design per le carte e una riduzione dell'impatto ambientale.
Le caratteristiche principali della nuova tecnologia includono:
- Flessibilità nella forma delle carte, nucleo colorato e carte trasparenti
- Compatibilità con materiali a basso impatto ambientale
- Riduzione dell'impronta di carbonio grazie all'eliminazione dell'inlay separato
- Espansione del portafoglio eco-friendly di CPI, comprese le carte Second Wave® ed Earthwise®
CPI sta ora accettando ordini per programmi pilota e presenterà campioni delle carte al Money 20/20 fintech trade show a Las Vegas dal 27 al 30 ottobre.
CPI Card Group Inc. (Nasdaq: PMTS) está lista para lanzar una nueva tecnología revolucionaria en tarjetas de pago. La compañía ha comenzado a fabricar tarjetas de muestra con el SECORA Pay Green de Infineon, una tecnología All-in-One con un chip y antena integrados. Este avance permite opciones de diseño de tarjetas ampliadas y reduce el impacto ambiental.
Las características clave de la nueva tecnología incluyen:
- Flexibilidad en la forma de la tarjeta, núcleo de colores y tarjetas transparentes
- Compatibilidad con materiales enfocados en el medio ambiente
- Disminución de la huella de carbono gracias a la eliminación de la inserción separada
- Expansión del portafolio ecológico de CPI, incluyendo tarjetas Second Wave® y Earthwise®
CPI ahora está aceptando pedidos para programas piloto y mostrará muestras de tarjetas en el Money 20/20 fintech trade show en Las Vegas del 27 al 30 de octubre.
CPI 카드 그룹 Inc. (Nasdaq: PMTS)은 결제 카드에 혁신적인 신규 칩 기술을 도입할 준비가 되어 있습니다. 회사는 인피니언의 SECORA Pay Green을 특징으로 하는 샘플 카드를 제조하기 시작했습니다. 이 통합 칩 및 안테나를 갖춘 All-in-One 기술은 카드 디자인 옵션을 확장하고 환경에 미치는 영향을 줄여줍니다.
새로운 기술의 주요 특징은 다음과 같습니다:
- 카드 모양, 색상 핵심 및 투명 카드의 유연성
- 환경 친화적인 소재와의 호환성
- 별도의 인레이 제거로 인해 탄소 발자국 감소
- CPI의 친환경 포트폴리오 확장, Second Wave® 및 Earthwise® 카드를 포함
CPI는 이제 파일럿 프로그램 주문을 받고 있으며, 10월 27일부터 30일까지 라스베이거스에서 열리는 Money 20/20 핀테크 전시회에서 카드 샘플을 선보일 예정입니다.
CPI Card Group Inc. (Nasdaq: PMTS) est prêt à déployer une nouvelle technologie de puce révolutionnaire dans les cartes de paiement. L'entreprise a commencé à fabriquer des cartes échantillons intégrant la technologie SECORA Pay Green d'Infineon, une technologie tout-en-un avec une puce et une antenne intégrées. Cette avancée permet d'élargir les options de conception des cartes et de réduire les impacts environnementaux.
Les principales caractéristiques de cette nouvelle technologie incluent :
- Flexibilité dans la forme des cartes, noyau coloré et cartes transparentes
- Compatibilité avec des matériaux axés sur l'écologie
- Diminution de l'empreinte carbone grâce à l'élimination de l'inlay séparé
- Expansion du portefeuille écologique de CPI, y compris les cartes Second Wave® et Earthwise®
CPI accepte désormais les commandes pour des programmes pilotes et présentera des échantillons de cartes au salon Money 20/20 fintech à Las Vegas du 27 au 30 octobre.
CPI Card Group Inc. (Nasdaq: PMTS) steht bereit, eine revolutionäre neue Chiptechnologie für Zahlungskarten einzuführen. Das Unternehmen hat mit der Herstellung von Musterkarten begonnen, die Infineons SECORA Pay Green verwenden, eine All-in-One-Technologie mit einem integrierten Chip und Antenne. Diese Fortschritt ermöglicht erweiterte Karten-Designoptionen und reduziert die Umweltbelastungen.
Die Hauptmerkmale der neuen Technologie umfassen:
- Flexibilität in Form, farbigem Kern und transparenten Karten
- Kompatibilität mit umweltfreundlichen Materialien
- Verringerung des CO2-Fußabdrucks durch die Eliminierung der separaten Einlage
- Erweiterung von CPIs umweltbewusstem Portfolio, einschließlich Second Wave® und Earthwise® Karten
CPI nimmt nun Bestellungen für Pilotprogramme entgegen und wird die Kartenmuster auf der Money 20/20 Fintech-Messe in Las Vegas vom 27. bis 30. Oktober präsentieren.
- Introduction of innovative SECORA Pay Green technology for payment cards
- Expanded card design options and flexibility
- Reduced environmental impact and carbon footprint
- Compatibility with CPI's entire product portfolio
- Ready for pilot programs and customer orders
- None.
Insights
CPI Card Group's announcement of readiness to deploy Infineon's SECORA Pay Green technology represents a significant product advancement with potential market implications. This new chip technology offers expanded design flexibility and reduced environmental impact, aligning with growing industry trends towards sustainability and customization.
The ability to produce cards with unique shapes, colored cores and clear designs could differentiate CPI's offerings in the competitive payment card market. Moreover, the reduced carbon footprint of these cards may appeal to environmentally conscious issuers and consumers, potentially driving demand.
While the immediate financial impact is not quantified, this innovation could strengthen CPI's market position and potentially lead to increased sales and market share in the medium to long term. Investors should monitor the adoption rate of this technology by issuers and any subsequent impact on CPI's revenue and margins in upcoming financial reports.
The integration of Infineon's SECORA Pay Green technology into CPI's card production represents a notable technological leap in the payment card industry. The All-in-One design, combining chip and antenna, is a significant engineering achievement that simplifies card construction while enhancing functionality.
This innovation enables:
- Greater design flexibility, potentially opening new market segments
- Reduced material usage, lowering production costs and environmental impact
- Compatibility with various card materials, including eco-friendly options
The technology's ability to support contactless payments without a separate inlay is particularly impressive, potentially improving card durability and reliability. This could lead to reduced replacement rates and lower lifecycle costs for card issuers.
From a competitive standpoint, early adoption of this technology could give CPI a temporary technological edge in the market, potentially attracting new clients and strengthening relationships with existing ones.
Incorporating advanced chips will expand payment card design options and reduce environmental impacts
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.
“SECORA’s Pay Green advances the way cards are built today,” said Toni Thompson, Executive Vice President of Debit and Credit Solutions for CPI. “With this new All-in-One technology, we are ready to provide even more tailored solutions to meet our customers’ goals. This chip offers much more flexibility, from card design to eco-focused solutions – our team is energized by the possibilities at our fingertips.”
Utilizing the All-in-One technology expands upon CPI’s commitment to providing payment solutions with lower environmental impacts, as it enables a reduction in carbon emissions. The All-in-One offering is a natural extension of CPI’s eco-focused portfolio that includes Second Wave® and Earthwise® cards. However, SECORA Pay Green is also compatible with any CPI card material, providing the opportunity to reduce environmental impacts across CPI’s entire portfolio of products.
CPI is ready to support its customers’ sustainability and design goals with this technology and is now accepting orders to start piloting the card with its partners. The company will have card samples available at Money 20/20, a global fintech trade show, from Oct. 27-30 in
About CPI Card Group®
CPI Card Group is 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. 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
Learn more at www.CPIcardgroup.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241015089348/en/
Andy Sedlak
Dix & Eaton
media@cpicardgroup.com
(740) 412-2189
Source: CPI Card Group
FAQ
What is the new chip technology CPI Card Group (PMTS) is deploying?
How does SECORA Pay Green technology benefit card design for CPI Card Group (PMTS)?
What environmental benefits does the new chip technology offer for CPI Card Group (PMTS)?
When will CPI Card Group (PMTS) start producing cards with the new SECORA Pay Green technology?
