News | July 7, 2011

EFT Source Teams Up With Evolis To Introduce New Option For Instant Card Issuance

EFT Source, a leading provider of turnkey card production and management solutions, partnered with Evolis, a global leader in plastic card personalization solutions to develop Card@Once, a new product for financial institutions to easily and more affordably issue cards instantly.

Card@Once allows banks and credit unions to provide debit, pre-paid or reloadable cards to customers on-site within seconds. Company officials believe Card@Once is the first instant issue solution to successfully undergo an independent, third party PCI DSS (Payment Card Industry Data Security Standards) audit.

How it works:
When a customer requests a card, the data is securely transferred from the branch location to EFT Source. The data is immediately processed and converted into a print file that is sent back to the branch electronically. Card@Once encodes the data and prints the card allowing the customer to walk away with a ready-to-use, active card.

EFT Source trusted Evolis, worldwide manufacturer of card printers, to develop the proprietary equipment. The Card@Once card printers have been designed based on the Evolis dual-sided color card printer, Dualys. Fast and easy-to-use, Dualys offers unmatched print quality along with a unique 3-year warranty.

"Our unique expertise allows us to customize our printers based on our customers' requirements" says Gerardo Talavera, Managing Director at Evolis Inc. "We are very proud of partnering with EFT Source to develop a card printer that is part of such an innovative and unique solution. We do believe that Card@Once will definitely bring value to many financial institutions in the upcoming years."

"We are excited to bring Card@Once to the market because it's a unique, turn-key solution for instant card issuance," said Bill Dinker, EFT Source president. "It's secure, it's cost-effective and it's easy to use. These machines are literally ‘plug and play' because it's a web-based solution that does not require system set-up for an IT department. And, in this day and age where we get information, products and services in an instant, consumers don't want to wait a week to get a debit card in the mail. With Card@Once, financial institutions have a competitive edge."

Additional benefits for Card@Once include key management, custom card designs, toll-free technical support, 24-hour replacement, and the option to integrate with core processors or operate as a standalone solution.

The first Card@Once machines have already been delivered and are in service.

EFT Source has been providing ATM and debit card personalization and fulfillment for nearly 35 years. It supplies various card designs, from personal photo to platinum styles, as well as mini cards, gift cards and community cards. The company is customer focused and driven by metrics that consistently meet customer expectations with 99.98% on-time service. EFT Source is also proud to have passed the strict standards required for certification by Visa, MasterCard, and Discover, and is SAS70 Type II certified.

About EFT Source:
EFT Source, Inc. is a company that provides secure personalization of ATM and debit cards and covers everything from conceptual art to creative fulfillment services for financial institutions. Based in Nashville, EFT Source also has a production facility in Colorado Springs, Colo., and a facility in Green Bay, Wis., that focuses on marketing and print services to serve its clients nationally. Established in 1977, the company has 187 employees nationwide. EFT Source believes in serving its customers with personalization, security, speed and accuracy. For more information, visit www.EFTSource.com and www.cardatonce.com.

About Evolis:
EVOLIS designs, manufactures and markets a complete range of solutions for personalization of plastic cards. These printers seamlessly integrate all the options necessary for incorporating graphic, magnetic and electronic personalization (smart cards, with contact and contactless RFID technology) of all types of cards (payment card, transit passes, loyalty cards, etc.). Based in France, with subsidiaries in Miami (USA) and Singapore, Evolis is represented in more than 125 countries in the world via a network of importers, distributors and technology integrators. For more information, visit www.evolis.com

SOURCE: Evolis