Global payments company Sokin has partnered with IDEMIA to issue recycled plastic payment cards in over 200 countries.
According to the press release, thanks to IDEMIA’s eco-friendly offer, called GREENPAY, Sokin will be able to slash plastic waste and reduce carbon emissions. GREENPAY reflects IDEMIA’s determination to accompany financial institutions in their eco-friendly strategy and this launch showcases and puts into practice Sokin’s pledge to adopt green business solutions.
Moreover, Sokin will use IDEMIA’s card which is made of over 85% recycled PVC derived from production waste. This will curb natural resource consumption and waste in line with circular economy principles, allowing responsible use of resources without compromising on quality or security.
Furthermore, the Sokin service is based on a global currency account which in addition to providing secure, easy to use, low-cost payments. Besides, Sokin international money transfers and payments use a flat monthly fee, which cuts out hidden and repeat costs and could save customers on average 20% vs. other payment providers.
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