Eco-Focused Payment Cards: It Pays to Be Green

As financial institutions and card issuers increasingly embrace sustainable practices with their card programs, they’re also finding a way to engage their customers with innovative, recyclable materials for the physical cards and compelling options for card design that let consumers express their individuality and their values. 

This Javelin Strategy & Research report looks at the environmental impact of the single-use PVC that has long been the mainstay of card products, materials card issuers are using in innovative ways to manufacture modern cards, and various ways consumers are being courted through custom designs and eco-friendly benefits.

Key questions discussed in this report: 

• What is ESG and why is it important for the payment card industry? 
• How do eco-friendly payment cards affect customer demand? 
• What can card issuers, networks, and manufacturers do to improve sustainability?

Companies Mentioned: 

Amazon, American Express, Apple, Aspiration Bank, Atmos Financial, Banca Mediolanum, Bank of America, Bank of New Hampshire, CPI, Capital One, Carte Blanche, Chase, Citi, Consumer Financial Protection Bureau, Diner’s Club, FIS, Fifth Third Bank, Fiserv, Giesecke+Devrient, Goldman Sachs, Google, HSBC, KPMG, Marqeta, Mastercard, Morgan Stanley, PNC, PayPal, Piermont Bank, Samsung, ShoreBank Pacific, Thales, UNESCO, Visa, Wells Fargo