Gemalto and Raiffeisen, an Austrian banking group, announced the introduction of a Bio Sourced payment card for its Austrian cardholders.
Visa Europe enabled Gemalto to use the Bio Sourced card material for Visa branded EMV card programs. These cards, from Gemalto’s Clarista range of payment solutions, will offer prepaid cards to end users as part of the Raiffeisen Climate Protection Initiative.
Gemalto’s Clarista Bio Sourced payment card body is made from renewable material derived from corn. This material is easily recyclable and compostable through small-scale industrial units and reduces the global ecological footprint of the production process.
In the first phase of the project, these Raiffeisen Visa Bio Sourced cards will be available as a preloaded card with a prepaid balance, and will be provided with Gemalto’s customized EcoPack – a packaging made from recycled material.