CPI Card Teams Up With Karta on Prepaid Card Security
MT Newswires Live
11 hours ago
CPI Card Group (PMTS) announced Wednesday that it has entered into a strategic partnership with Australia-based Karta and has taken an undisclosed minority equity stake in the company.
As part of the collaboration, CPI will integrate Karta's patent-pending SafeToBuy technology into its US prepaid card offerings.
CPI will manufacture and personalize contactless gift cards embedded with Europay, Mastercard, and Visa chips that carry Karta's SafeToBuy applet.
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