TCT strikes deal to prepare European EMV roll-out
Thames Card Technology (TCT) of Essex has extended its strategic alliance with Sagem Orga to deliver a combined European manufacturing infrastructure of over 650 million cards per year to service large scale card issuers across Europe.
The alliance will have a special focus on the mature UK EMV marketplace and is a further extension of the existing collaboration between TCT and the Sagem group that stretches three years.
The expanded scope of cooperation includes robust contingency and load balancing arrangements between the three primary European hubs in AngoulÍme, France, Flintbek, Germany and Rayleigh in Essex.
TCT managing director, Paul Underwood, said: “I believe this strategic alliance brings to the UK banking arena a truly credible alternative to the ever decreasing UK base of card manufacturers. With our wealth of experience in both card production and personalisation and with Sagem Orga?s technical expertise we will make a dynamic change to this well established market sector.”
TCT employs over 250 people and both manufacturers and personalises cards including Visa and MasterCard products for UK and worldwide markets. It has the capacity to manufacture and personalise over 400 million cards per annum.