Card@Once® experienced best quarter on record in Q4 2018
LITTLETON, CO (April 4, 2019) — CPI Card Group Inc.® (Nasdaq: PMTS, TSX: PMTS) (“CPI”), a global leader in financial and EMV® chip card production and related services, today highlighted the continued growth and momentum of Card@Once® in 2018. The Company’s instant issuance solution experienced year-over-year net sales growth of over 30 percent driven by the continued growth in its Card@Once installation base. Meanwhile, fourth quarter 2018 net sales marked Card@Once’s best quarter on record.
Last November, Card@Once was named a silver winner in the Best in Biz Awards, receiving recognition as an Enterprise Product of the Year. Card@Once’s successes last year also include an integration with FLEX, a Salt Lake City-based core processor. The companies announced an integration of Card@Once with FLEX’s data processing platform, giving its credit union customers the power to print and provide EMV®-enabled cards to branch members onsite. CPI also announced a collaboration with Commercial Business Systems (CBS), a provider of premium software and IT services for credit unions. CBS’ CAMS-ii credit union accounting and management system and Card@Once were integrated into an offering designed to streamline instant issuance of EMV®-enabled cards for credit unions.
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 and dual interface, personalization, instant issuance, fulfillment and digital payment services. CPI has more than 20 years of experience in the payments market and is a trusted partner to financial institutions. Our 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, we have a large network of high security facilities, each of which is certified by one or more of the payment brands: Visa, Mastercard®, American Express and Discover®. Learn more at www.cpicardgroup.com.