PMTS: Is CPI Card Group Inc. Halal?

About CPI Card Group Inc.

CPI Card Group Inc., along with its affiliated entities, specializes in the full spectrum of financial payment card services. This includes everything from the initial design and manufacturing to the personalized data integration, secure packaging, and final distribution of these cards. The company operates through two primary divisions: Debit and Credit, and Prepaid Debit. The Debit and Credit segment is responsible for producing various financial payment cards, such as those adhering to Europay, Mastercard, and Visa (EMV) standards, as well as non-EMV cards, premium metal cards, and custom private label credit cards. It also delivers extensive card-related services to financial institutions that issue cards. These services encompass on-demand solutions, individualizing cards with specific user data, managing fulfillment processes, and offering immediate card issuance capabilities. The Prepaid Debit segment focuses on providing integrated card services, notably secure, tamper-evident packaging, to suppliers of prepaid debit cards. Furthermore, this division manufactures financial payment cards that are issued under the major payment network brands. CPI Card Group serves a broad range of clients across the United States. Its customers include issuers of both debit and credit cards, administrators of Prepaid Debit Card programs, local community banks, credit unions, collective service providers, and companies involved in processing card transactions. Originally established in 2007, the company was known as CPI Holdings I, Inc. It subsequently adopted its current name, CPI Card Group Inc., in August 2015. The corporate headquarters are situated in Littleton, Colorado.

Sector: Financial Services · Industry: Financial - Credit Services

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