CPI Card Group (CPI), a provider of financial and commercial card production, EMV cards and related services, has been selected by payment service provider, CQR Payment Group, to provide card production, personalisation and encryption services for a variety of CQR payment products.
“Demand for EMV, contact and contactless payments has increased significantly over the past several years and we continue to invest and expand our capabilities to meet the needs of our clients globally,” says Steve Montross, president and CEO of CPI Card Group. “The combination of CQR’s innovative approach to payment processing and CPI’s global experience in personalisation and encryption for cards and mobile payment solutions will enable both businesses to continue to develop and grow solutions to meet market demands today and in the future.”
“CPI is an award-winning pioneer of card and microSD technology for NFC-based payments in North America, helping to deliver solutions for a number of successful pilots and initiatives. It is one of the leading card personalisation and encryption providers in the world,” said Kamran Hedjri, chief operating officer of CQR Payment Group. “We look forward to working with CPI on our next wave of simple, secure and smart payment solutions.”