Life After COVID Might Be Contactless

September 30, 2020

The COVID-19 crisis could accelerate the growth of contactless payments in the U.S. and worldwide as payment firms increase contactless transaction value limits. Shifting preferences in the U.S. – Consumer Demand for Contactless Contactless payments were increasing before COVID-19, with an overall rise of 150 percent since March 2019.  Implementing or expanding a contactless payment … Read More

If Contactless Payment Card Programs Are a New “Must Have” – Make it The Best it Can Be

August 26, 2020

COVID-19 may be the disruptor in the payments space nudging financial institutions to offer or expand contactless payment options sooner than expected.  With contactless payment methods such as mobile phones and contactless debit and credit cards on the rise, financial institutions would benefit from implementing or supplementing a contactless payment program. One 2020 survey indicated … Read More

Contactless Payments – a Technology Whose Time Has Come

February 19, 2020

Evolving technology has always been present in payments, from IBM’s® development of the magnetic stripe in 1960 to the original introduction of EMV® chip-and-pin in 1994. Over the past decade, technological advances have launched a revolution in payments, from digital wallets to contactless wearables and payment objects.  While the U.S. has been slow to adopt … Read More

The Contactless Revolution is Here. Are You Ready?

February 5, 2020

Years in the making, the U.S. market is finally ready for contactless payments. Although late to the game, the U.S. payment ecosystem, including issuers, processors and merchants, is preparing to support contactless as a dominant payment methodology. According to A.T. Kearney, 70 percent of U.S. retailers already have point-of-sale terminals capable of accepting contactless payments, … Read More

Solving for the On the Go Lifestyle

January 7, 2020

Today’s “on-the-go” cardholders expect to be able to pay for goods and services quickly, conveniently and with minimal friction. While debit, credit and cash remain consumers’ preferred ways to pay, new contactless capabilities are introducing enhanced convenience to payment cards through dual interface technology.  ABI Research estimates that U.S. dual interface credit and debit issuance … Read More

A Day in the Life of the On the Go Cardholder

December 17, 2019

Today’s Cardholders Lead Hectic Lives Noah’s day on-the-go is becoming routine for many cardholders. The convergence of changing consumer expectations, a growing digital economy and new point of sale contactless technology means a truly frictionless payment ecosystem may finally be in our sights. According to Visa, more than 40 percent of in-store Visa transactions outside … Read More

Cardholders Embrace Plastic Waste Upcycling

November 19, 2019

Consumers have a strong desire to address the Earth’s plastic waste problem. According to a CPI Card Group Consumer Insights Study, conducted by an independent research firm, 96 percent of respondents say they are “concerned” about plastic waste in the oceans, and 63 percent are “very concerned.” Forty-nine percent are already reducing their plastic usage … Read More

Transforming Ocean Waste into Payment Plastic

November 5, 2019

In response to rising consumer demand, card manufacturers and issuers are actively working to develop and provide more environmentally-conscious solutions to address the growing problem of plastic waste. The challenge for card manufacturers is in sourcing materials that are not only durable, but able to handle the complex security and technology requirements of today’s evolving … Read More

Helping Our Oceans

October 24, 2019

The use of sustainable materials in payment cards is generating a lot of industry buzz. With roughly six billion plastic cards manufactured each year, the use of more eco-friendly materials like recovered ocean-bound plastic in card construction can significantly help address the issue of plastic waste entering our oceans. According to a CPI Card Group … Read More

What is a Payment Object?

July 2, 2019

Today’s consumers can transact at a growing number of merchant locations using Near Field Communications (NFC) technology with mobile devices and a variety of payment objects including smart watches and wristbands, jewelry, key fobs, stickers and more. Cardholders are excited about the possibilities. According to a November 2018 CPI Card Group survey of over 500 … Read More