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Thames Technology launches Mastercard-approved pre-paid paperboard cards

Friday 24 May 2024 12:42 CET | News

UK-based Thames Technology has announced that it will offer Mastercard-approved pre-paid paperboard cards for its customers and clients. 

Following this announcement, the product was designed exclusively for magnet stripes only the Mastercard badged pre-paid cards can leveraged. The Thames Technology financial broad cards are expected to meet the rising demand for sustainable financial card solutions, as they represent an environmentally friendly alternative to PVC cards and are ideal for any business using compensation or event cards, or even as open loop gift cards.

In addition, both companies will focus on meeting the needs, preferences, and demands of customers and clients in an ever-evolving market, while also prioritising the process of remaining compliant with the regulatory requirements and laws of the industry. 

 

UK-based Thames Technology has announced that it will offer Mastercard-approved pre-paid paperboard cards for its customers and clients.

More information on the announcement

The cards were developed using Holmen Iggesund’s Invercote paperboard, which was produced at an ISO14001 and ISO9001-certified fossil fuel-free mill. In addition, the new product is also bleached by leveraging an Elemental Chlorine Free (EFC) bleaching process, following a strategy that is expected to be less harmful to the environment. 

At the same time, the paperboard used in the production of the cards is 100% recyclable and compostable to the EN 13432 standard, while its material is sourced from forests that adhere to multiple rigorous reforestation practices. These factors were made in order to ensure that the cards are more sustainable than the conventional paperboard options, while also contributing to the overall preservation of our planet’s invaluable ecosystems for the generations to come. 

The pre-paid paperboard cards are expected to have a premium look and integrate high-brightness printing quality, as well as swipe durability. The products will also offer a secure and efficient user experience without compromising the environmental aspects. In addition, the cards are expected to conform to ISO9706 requirements for performance with rigidity and thickness comparable to PVC cards.


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Keywords: partnership, product launch, green finance, sustainability , payments , card
Categories: Payments & Commerce
Companies: Mastercard, Thames Technology
Countries: United Kingdom
This article is part of category

Payments & Commerce

Mastercard

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Thames Technology

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