Company Experiences Continued Year-Over-Year Growth with an 87 Percent Increase in Revenue
ENGLEWOOD, Colo.—(Aug. 31, 2009)—Dynamic Card Solutions (DCS), the leading provider of instant issuance and PIN selection solutions for banks, credit unions and retailers that issue EMV, contactless and magnetic stripe cards, today announced a positive end to Q2 2009 – with revenue exceeding $14.8 million, representing an 87 percent increase in revenue compared to the prior year.
By adding new customers both domestically and internationally, as well as expanding existing customers’ deployments of DCS instant issue software and associated hardware, the company continues to sustain its significant market share as the preferred vendor-of-choice for instant card issuance, PIN selection and PIN change. With nearly 500 customers to date, DCS’ patented flagship software, CardWizard®, runs in thousands of individual branches/stores producing personalized ATM and Visa®/MasterCard® plastic cards on demand with private and secure PIN selection.
“DCS’ success is centered on our customer relationships and keeping our customer needs as our top priority,” said Ron Zanotti, senior vice president of DCS. “Everyone at DCS works to ensure we offer outstanding service as we continue our on-going commitment to provide technology innovations that enable success for our customers and the markets we serve.”
DCS’ CardWizard software helps financial institutions optimize their card issuing programs and provide outstanding customer service by eliminating the cost, risk and delay for cardholders to receive their ATM, debit or credit cards via the mail. Financial institutions that are able to produce a plastic card immediately at the branch create a unique, one-to-one marketing and education opportunity which has proven to drive card activation, usage and interchange revenues. All DCS solutions are PCI compliant and meet or exceed the expected security and best practice recommendations of Visa and MasterCard.
In addition, DCS distributes CardWizard internationally, leveraging its extensive experience with instant issuance and PIN management solutions for a variety of international financial markets. These include supporting the personalization of contact and contactless EMV, U.S. contactless and chip products.
For more information about DCS technology, please visit www.instantissuance.com.
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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 distributed 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.
© 2009 Dynamic Card Solutions. All Rights Reserved. All trademarks, service marks and trade names referenced in this material are the property of their respective owners.