UK-based Metro Bank has deployed MagTek's ExpressCard EMV, a new system that allows custom printed EMV Chip and PIN Cards to be issued in retail stores immediately.
MagTek said that ExpressCard EMV works in collaboration with Verisoft’s InstantEMV application and Thales’ P3 data preparation to enable its users to create and issue personalized EMV Chip and PIN Cards.
ExpressCard EMV combines multiple card personalization options, such as customer PIN selection, embossing, magnetic stripe encoding and EMV compliant chip activation in one device.
MagTek executive vice president and International Sales head Lou Struett said the team at MagTek has skilfully designed and manufactured the ExpressCard EMV to create convenient delivery channels for secure EMV cards that can be customized and still remain cost-effective to issue in the branch.
Metro Bank CEO Craig Donaldson said that working with MagTek the company has developed a solution where customers get their cards in store and set their own pin number on the spot.