Home News & events Press Releases 2006 DEI Private Limited sign an agreement for TranzWare Card Factory supply

 

DEICompass Plus and DEI Private Limited have signed an agreement for the supply of TranzWare Card Factory to enable EMV data preparation and personalisation of payment cards under the brand of Visa and MasterCard. TranzWare Card Factory is a fully EMV-compliant card personalisation and issuing product designed to decrease costs and simplify the adoption of the EMV standard. The signing of the agreement with DEI Private Limited ensured another important milestone for Compass Plus as DEI became the first customer in India.

With the launch of an EMV-enabled card personalisation system, the Company is planning to strengthen its personalisation capabilities and double the number of personalized cards to up to 18 million a year.

DEI have been in the Plastic Cards business for over 15 years and import cards from its partners across the Globe to meet the Indian banking market requirements. The Company has also set up India's first certified Third Party Personalization Bureau. Currently DEI have over 45 banks from across the country and also a few international companies as its customers and is one of the largest Third Party Bureaus in India.