CPI Card Group highlights the continued popularity of its Card@Once instant card issuance solution. The company’s instant issuance product experienced year-over-year net sales growth of over 30% in 2018.
This is driven by the continued growth in its Card@Once installation base. Meanwhile, CPI reports record net sales in the fourth quarter for Card@Once.
2018 highlights also include Card@Once’s integration with FLEX, a Salt Lake City-based core processor. The companies announced an integration of Card@Once with FLEX’s data processing platform. This gives its credit union customers the power to print and provide EMV-enabled cards to branch members onsite.
CPI also announced a collaboration with Commercial Business Systems a provider of premium software and IT services for credit unions.
Card@Once instant issuance: SaaS first
“Card@Once continues to achieve significant milestones. We are particularly proud to showcase its core integrations, exceptional quality and easy to deploy model, as well as the best-in-class customer service behind it,” says Lane Dubin, SVP and General Manager, Prepaid and Instant Issuance for CPI Card Group.
“We were the first to market a SaaS-based instant issuance solution. Today, as more financial institutions seek the competitive advantages and customer experience of instant issuance, they will find that Card@Once is backed by years of experience, innovation and a track record of success.”
Card@Once is a secure, compact instant card issuance solution that is web-based, quick to implement and easy-to-use. Using the solution, branches can respond on-site to customer requests for new and replacement cards.
Because of CPI’s Software-as-a-Service instant issuance model, Card@Once customers are relieved of the burden of maintaining any software or servers.
CPI securely manages IT support and maintenance. Financial institutions benefit from being able to instantly issue cards in-branch.
According to Aite Group, more than half of all US financial institutions will offer instant issuance by 2021.
CPI provides integrated credit, debit, and prepaid debit card solutions in the US. It has made strategic investments and grown both organically and through market relevant acquisitions over the past 20 years.