Payment technology provider Panini has partnered with Matica Technologies to sell its financial instant issuance (FII) solution in North America.

Under the partnership, Panini started selling its Cardmint FX retransfer printer with CardsOnTheSpot personalisation software that will enable financial institutions to create personalised credit, debit, or ATM cards at branch level.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The FII solutions will also allow customers to use an active card for making purchases immediately upon leaving the branch.

Cardmint FX is a dual-sided printer that allows financial institutions to print any image on EMV-compliant magnetic stripe, contact chip, and contactless cards, while Cards On The Spot software offers an integrated browser-based platform to instantly issue multiple printed card types, including ATM, debit and credit, using Cardmint FX printer.

Panini CEO Michael Pratt said: “This partnership with a leading player in the card personalisation technologies landscape is part of our ongoing efforts to deliver hardware, software and services packages that exceed our customers’ expectations and allow Financial Institutions to raise their retail branches’ capabilities to the next level.”

Matica Technologies senior vice president of strategic operations Veraje Anjargolian said: “We are excited about our new partnership with Panini in the North American market.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Panini’s expertise in the financial market, along with its strong sales organization and VAR network, provides exceptionally high levels of customer service and complements our world-class solutions, which are engineered to support the growing global trends in instant issuance and in-store card issuance.”