Dynamic Card Solutions Announces Results for 2009

Unembossed instant issuance on the rise, as company increases revenue and orders 

 
ENGLEWOOD, Colo.—(Jan. 27, 2010)—Dynamic Card Solutions (DCS), the leading provider of instant card issuance and PIN selection solutions for banks, credit unions and retailers that issue magnetic stripe, EMV and contactless cards, today announced its 2009 results that include a significant increase in revenue, customers and unembossed product orders.

Following seven consecutive years of double-digit growth, DCS continued to expand during 2009 as a result of increased demand from financial institutions. The company’s revenue increased 88% percent compared to 2008 year-end results. In 2009, DCS also added 98 new CardWizard® customers and had numerous existing customers expand their deployments of the company’s software and hardware. Overall, the DCS customer base grew to more than 520 financial institutions with installations across 5,500+ retail bank locations.

Known for its patented instant card issuuance software, CardWizard, DCS continues to help financial institutions improve their card programs by eliminating the delay, cost and risk of sending ATM, debit and credit cards through the mail. Additionally, instant card issuance improves customer service levels and increases card sales, activation and usage, which improves interchange profitability.

DCS also witnessed a dramatic increase in the number of orders for their unembossed instant issuance FCP 20/20 printers — the company’s shipments for unembossed instant issuance implementations are now surpassing embossed by a large margin.

“The increasing demand for instant card issuance and unembossed cards is a strong indicator of where the industry is heading,” said Ron Zanotti, senior vice president of DCS. “We  know financial institutions want to convert as many check and cash transactions to cards since valuable interchange is earned.  When you produce a permanent, personalized, ready-to-use ATM/debit/credit card in-branch with customer selected PIN and couple it with onsite education on how/why to use the card, the long-term benefits and revenue stream is very positive.” 

For more information about DCS’ instant issue technology, please visit www.instantissuance.com.

About Dynamic Card Solutions
Founded in 1996 and a wholly owned subsidiary of Dynamic Solutions International, Dynamic Card Solutions (DCS) is the leading provider of instant issuance and PIN selection solutions for banks, credit unions and retailers that issue EMV, contactless and magnetic stripe cards. With over 500 financial institution customers supporting thousands of active branches, DCS is the leading instant issuance provider for Visa® and MasterCard® debit cards worldwide. DCS is dedicated to meeting the needs and requirements of complex issuance environments, and has the experience to guide you through the procedures and processes required to implement a best-in-class instant issuance operation for contact and contactless EMV and magnetic stripe cards. For additional information, call +1 303.754.2000 or visit the Dynamic Card Solutions Web site at www.instantissuance.com.

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