Financial institutions and retailers have an increasing need for the instant issuance of payment cards as well as other financial payment options. With the new acquisition of DemoTeller by HID Global, the company is now able to offer a variety of instant issuance solutions throughout the financial market in the United States and other areas located within North America. A regulatory-compliant solution was needed for personalized payment cards, especially with the increase in chip cards that has occurred over the past year. To further enhance the solutions offered by HID Global, this new acquisition is making it possible for installation and maintenance services to be offered to wide range of retailers all across the nation.
When it comes to high quality solutions, DemoTeller is a perfect match for HID Global’s high quality reputation.
Financial institutions have been increasing their investment in new software as well as the hardware needed to fully operate the software, yet EMV standards have made it challenging to ensure all compliance regulations are being met. With the new acquisition of DemoTeller, however, financial entities are now able to deliver consumers hand printed, fully-customized cards that are pre-activated. The instant gratification of receiving this type of card is improving customer satisfaction levels, providing these financial entities with a market-specific solution that yields a high ROI.