CPI Card Group® and Harland Clarke® Celebrate Growth of Card@Once® Instant Issuance
February 18 2020 - 12:08PM
Business Wire
With Nearly 11,000 Printers in Market,
Card@Once® Helps Transform the Customer Experience
CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS)
(“CPI” or the “Company”), a payment technology company and leading
provider of credit, debit and prepaid solutions, today highlighted
new growth milestones achieved by its Card@Once® instant
issuance solution. Through its successful partnership with Harland
Clarke, a leading provider of omni-channel, customer engagement
solutions, CPI today serves more than 1,600 financial institutions
with nearly 11,000 Card@Once printers in market and 6 million cards
printed annually.
Launched nine years ago, Card@Once was the first instant
issuance solution to be backed by a Software-as-a-Service (SaaS)
model. Recognizing the opportunity to innovatively help financial
institutions better serve the needs of cardholders, Harland Clarke
collaborated with CPI to bring Card@Once to its clients.
“Instant issuance has evolved over the years from being a key
differentiator to a critical convenience, as consumers increasingly
bring their on-demand expectations to the banking experience,” said
Geoffrey Thomas, Chief Product Officer, Harland Clarke. “We are
pleased to work with CPI to help our financial institution clients
stay ahead of the technology curve and delight customers with the
benefits of instantly issued cards. We look forward to extending
the value of SaaS-powered instant card issuance to many more
branches for years to come.”
Through this collaboration between CPI and Harland Clarke,
Card@Once has continued to experience growth and build momentum,
with more than 2,000 new printers sold in 2019 alone. Card@Once
also supports dual interface card solutions, helping banks and
credit unions accommodate the growing popularity of contactless
payment trends among consumers.
With its customer-friendly SaaS model, Card@Once eliminates the
need for financial institutions to maintain any of their own
software or servers to support instant issuance of new and
replacement cards. CPI securely manages IT setup, support and
maintenance for the cloud-based solution, simply connecting
financial institutions and their cardholders to the advantages of
an easy, web-based and quick to implement instant card issuance
technology.
“We are thrilled with the success of Card@Once. Its broad
adoption is a testament to its ease-of-use and the exceptional 24/7
customer service supporting the solution,” said Lane Dubin, SVP and
General Manager, Prepaid, Personalization Solutions and Instant
Issuance for CPI Card Group. “We continue to win new business with
prospects while expanding our core integrations and business with
existing customers, further demonstrating the significant recurring
value Card@Once provides to financial institutions.”
To learn more about Card@Once, click here.
About CPI Card Group®
CPI Card Group® is a payment technology company and leading
provider of credit, debit and prepaid solutions delivered
physically, digitally and on-demand. CPI helps our customers foster
connections and build their brands through innovative and reliable
solutions, including financial payment cards, personalization and
fulfillment, and Software-as-a-Service (SaaS) instant issuance. CPI
has more than 20 years of experience in the payments market and is
a trusted partner to financial institutions and payments services
providers. Serving customers from locations throughout the United
States, CPI has a large network of high security facilities, each
of which is registered as PCI compliant* by one or more of the
payment brands: Visa, Mastercard®, American Express® and
Discover®. Learn more at www.cpicardgroup.com.
About Harland Clarke
Harland Clarke is a leading provider of customer engagement
solutions that help connect businesses and people how, when, and
where it matters. The company offers payment tools such as checks
and cards; and marketing services such as deposit and loan
acquisition programs, digital marketing, performance analytics and
promotional products for businesses. It deploys these solutions
holistically, across print, phone, and digital channels, ensuring
that the customers of its world-class client base enjoy a
consistently superior experience. Harland Clarke is a Vericast
business (www.vericast.com). For more information, visit
www.harlandclarke.com or follow Harland Clarke on LinkedIn and on
Twitter @HarlandClarke.
*Certain PCI standards apply to the financial institution
facility that are not within CPI Card Group’s control.
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version on businesswire.com: https://www.businesswire.com/news/home/20200218005869/en/
ICR Inc. for CPI Card Group Sourav Das 203-682-8283
media@cpicardgroup.com
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