Business
CPI Card Group® Partners With MEA Financial Enterprises LLC to Offer Cardholder Solutions for Digital Wallets
CPI’s offering into MEA’s customer base of 300 financial institutions helps to promote top-of-wallet status for payment cards LITTLETON, Colo.--(BUSINESS
About this update from Cpi Card Group Inc.
[{"type":"text","content":"\nCPI’s offering into MEA’s customer base of 300 financial institutions helps to promote top-of-wallet status for payment cards\n\n\n LITTLETON, Colo.--(BUSINESS WIRE)--\nCPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or “the Company”), a payments technology company providing a range of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service (SaaS) instant issuance, today announced a referral relationship with MEA Financial Enterprises LLC (“MEA”), a national leader in the provision of innovative software solutions to the financial services marketplace.\n\n\nThrough the relationship, CPI will offer its Push Provisioning solution to MEA’s customers, allowing cardholders the ability to seamlessly push their card credentials into a digital wallet by pressing a button in their mobile banking app. This is expected to expand CPI’s client base and enhance the services that MEA provides to its mobile app users – which include approximately 300 financial institutions.\n\n\n“At CPI, we prioritize continuous innovation. Our product portfolio includes a range of payment options for our customers and their cardholders, including physical cards and complementary digital solutions,” said Rob Dixon, the Vice President of Digital & Business Development. “We are excited about our relationship with MEA because of the growth opportunities for both our client bases, as well as the benefits for financial institutions associated with MEA and their mobile app users.”\n\n\nCPI’s digital product and service portfolio, which includes solutions like Push Provisioning and Card@Once®, augments the physical card personalization options the Company provides its customers. The Company’s end-to-end solutions for various card issuance options readily meet the changing needs of cardholders. In addition, CPI’s Push Provisioning solution is processor and mobile app agnostic, providing flexibility for both financial institutions and mobile app users.\n\n\n“At the heart of our mission is providing our customers with solutions that grow revenue and improve customer satisfaction,” said Ed Rhea, Chief Executive Officer of MEA. “By partnering with CPI to offer Push Provisioning, our financial institutions can provide an instant solution to their customers’ needs. In addition, this enhanced offering will help the institutions become more competiti...