Thames Technology, a UK-based company, has announced that it will offer Mastercard-approved pre-paid paperboard cards for its customers and clients. The product was designed exclusively for magnet stripes and can only be used with Mastercard badged pre-paid cards. These financial cards are expected to meet the rising demand for sustainable financial card solutions. They represent an environmentally friendly alternative to PVC cards and are ideal for businesses using compensation or event cards, or even as open loop gift cards.
Thames Technology and Mastercard have committed to meeting the needs, preferences, and demands of their customers and clients in an ever-evolving market. They prioritize remaining compliant with regulatory requirements and industry laws. The new product was developed using Holmen Iggesund’s Invercote paperboard, which was produced at an ISO14001 and ISO9001-certified fossil fuel-free mill. The bleaching process used is expected to be less harmful to the environment than conventional bleaching methods.
The paperboard used is 100% recyclable and compostable to the EN 13432 standard. The material is sourced from forests that adhere to rigorous reforestation practices, ensuring that the cards are more sustainable than conventional paperboard options and contribute to the preservation of the planet’s ecosystems for future generations. The pre-paid paperboard cards are expected to have a premium look with high-brightness printing quality and swipe durability.
These products will offer a secure and efficient user experience without compromising environmental aspects. The cards are expected to conform to ISO9706 requirements for performance with rigidity and thickness comparable to PVC cards. The collaboration between Thames Technology and Mastercard aims to provide customers with sustainable and high-quality financial card solutions that prioritize both functionality and environmental responsibility.
Thames Technology’s new product line offers businesses a more eco-friendly option for financial card solutions while still providing high quality performance standards required by today’s consumers.
In summary, Thames Technology has teamed up with Mastercard to launch pre-paid paperboard cards that are approved by Mastercard but exclusively designed for magnet stripes use only on their badged pre-paid cards.
These new financial card solutions aim at meeting customer preferences while complying with regulatory requirements.
The paperboard used is 100% recyclable, compostable according EN 13432 standards, sourced from sustainably managed forests adhering strict reforestation practices.
The collaboration between Thames Technology
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