Posts Tagged ‘Issuance’

Magtek ExpressCard 1000

Friday, June 13th, 2008

Verisoft Instant EMV and Magtek working together to bring Instant branch issuance of credit, debit, pre-pay and contactless payment technologies.

Magtek’s ExpressCard 1000 card personalisation device is now supported by Verisoft Instant EMV.

Magtek Expresscard 1000

The ExpressCard 1000 (EC1K) is Magtek’s latest hardware platform for secure, branch based instant card issuance. It is a full colour double sided card printer, embosser and magnetic + smart card + contactless encoder all in one. ExpressCard allows custom printed EMV Chip and PIN Cards to be issued instantly via bank branches, retail outlets or mobile sales locations

Card User Benefits

  • Local Issuance of EMV Chip and PIN cards
  • Card user can select their own PIN at point of issue
  • Card User can use any photo/image of their choice
  • Card is ready to use instantly

Card Issuer Benefits

  • Reduced postage costs
  • Zero postal fraud
  • Zero card activation call centre costs
  • Customer selected PINs reduce dormant accounts
  • Re-issuing costs greatly reduced
  • Exceeds Visa and Mastercard security standards
  • Secure data preparation and management
  • Secure distribution and card stock management
  • No requirement for tipping or indent print supplies
  • Modular solution can adopt existing branch hardware.

For more information on the ExpressCard 1000 visit www.magtekeurope.com