Your New Credit Card Is Already Waiting Inside This Secret Facility

Sure, credit card issuers, including Target, aim to get us all using chip-and-PIN (EMV) credit and debit cards sometime next year. They will make our transactions more secure, and maybe we’ll be less likely to get our digits stolen in a catastrophic data breach. Here’s one question that you may not have thought to ask, though: where do these cards actually come from?

Sure, sure, the bank. But who makes the physical cards and mails them to you on the bank’s behalf? Credit.com paid a visit to the new, mysterious facility that credit card manufacturer CPI Card Group has built near Denver, where payment cards are born.

Security is about as strict as you’d expect: the Credit.com writer had to wear a pocket-free lab coat, and no employee is allowed to be behind a closed door alone. (Except in the bathroom, we hope.)

In fact, your future card may already exist. This new facility was built specifically to make EMV cards, since they’ll have to crank out more than a billion cards in order to meet the deadline and replace all current magnetic strip card with chip ones by next year. CPI Card Group already has millions of EMV cards stockpiled and ready to go: they will simply need to be encoded with your name and card number when it’s time to upgrade America’s payment systems.

The Secret Facility Behind the Credit Card Revolution [Credit.com]

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  1. theoriginalcatastrophegirl says:

    my credit union debit card already has a chip, and the last time i was at sams club, the person in front of me was using a chip card with the new chip reader that had been installed. i was using a different method of payment that day but the next time i go to sams club, i plan to try out the chip and PIN payment method.
    i’ve had the chip for about two years, i just hadn’t ever been someplace with a reader for it

  2. SingleMaltGeek says:

    I’ve had mine for about a year now, and when I got to use the Chip and PIN it was a lot faster and easier than swiping and signing. I can’t wait for those readers to be more common here! It also means you can have secure credit card transactions that are fully automated, since no human verification is required. (Maybe just a security camera to ensure that no one is being coerced into entering their PIN.)