CPI Card Group Inc., a funds know-how firm offering a complete vary of fee playing cards and associated digital options, at this time introduced a strategic partnership with, and a minority fairness funding in, Karta, an Australia-based pay as you go program supervisor and funds know-how agency. The partnership presents CPI purchasers an progressive resolution for pay as you go card safety by integrating Karta’s patent-pending SafeToBuy know-how with CPI’s U.S. pay as you go options, driving a digital expertise with a bodily card.

SafeToBuy eliminates printed card numbers and particulars from present card packaging with information and safety embedded in an EMV chip, which helps mitigate the fraudulent draining of a pay as you go card. By bringing this safety to pay as you go packages, CPI advances its mission to scale back fraud and ship a safer, streamlined fee expertise for purchasers and their cardholders.

“Our purchasers wish to ship safe and fascinating buyer experiences, each bodily and digitally,” stated John Lowe, President and CEO of CPI Card Group. “We’re excited to accomplice with Karta to convey SafeToBuy know-how along with CPI’s options. As a U.S. chief in open-loop present card manufacturing, chip-enabled fee playing cards, and digital issuance options, this collaboration permits us to assist mitigate card fraud by connecting a safe digital expertise in-store, on-line, and on cell with our pay as you go options.”

As Karta’s unique provider within the U.S., CPI will produce and personalize contactless present playing cards with EMV chips embedding Karta’s SafeToBuy applet. As soon as in retailer, buyers can choose a present card of their selection and faucet it to their telephone to validate the cardboard. After buy, the consumer can confirm the transaction, add the cardboard to a cell pockets, or reveal particulars within the app for a web based or cell buy. At no level is the fee information on the pay as you go present card obtainable previous to card activation.

“Karta’s fraud prevention know-how, purpose-built to safeguard pay as you go, transit, credit score, and debit playing cards, is amplified by means of our collaboration with CPI, a market chief in fee card providers,” stated Clare Kinsey, Co-Founder and Co-CEO of Karta.

“By combining Karta’s innovation with CPI’s scale and attain, we’re creating a brand new commonplace of safety and belief that permits retailers, processors, and distribution companions to ship safer, extra dependable card packages whereas unlocking stronger development alternatives throughout the ecosystem.”

The connection positions CPI to increase the method to debit and credit score and assist retailers, distributors, program managers, and monetary establishments scale back fraud and join bodily playing cards with cell and on-line use. The businesses are adapting Karta’s pay as you go program administration platform for a U.S. launch focused for early 2026 and are at present piloting this system within the U.S. with a number one nationwide retailer.