COLUMBUS, Ga. (6/10/15)--TSYS announced Monday that it has launched on-demand EMV-chip card capabilities in anticipation of the Oct. 15 EMV-chip card migration deadline.
TSYS Chip Card on Demand is a new card manufacturing service that allows chips to be added to EMV-capable magnetic stripe cards or customized cards from TSYS Card Shop--as needed by issuers--during the production process.
“We have worked with our U.S. clients since last year as they prepare to issue chip cards in 2015, and it was clear to us early on that we could create an improved process,” said Bob Kellum, TSYS group executive of output services.
The enhancement provides more control of chip-card migration so that issuers can continue to issue magnetic stripe cards as needed, build new card designs and launch new cards for all or a portion of their portfolios.
Chip Card on Demand is available now, and will be implemented by numerous North American consumer and commercial card issuers this summer, TSYS said.