Thales Partners with DBS Taiwan to Bring Bio-Sourced Payment Cards to Asia

Thales Partners with DBS Taiwan to Bring Bio-Sourced Payment Cards to Asia

by June 5, 2024

DBS Taiwan has partnered with Thales to bring over two million cards to its customers, including more than one million sustainable credit and debit cards made from Polylactic Acid (PLA), a bio-sourced, eco-friendly alternative to traditional plastic. This makes DBS Taiwan the largest issuer of PLA cards in Asia.

The partnership supports DBS Taiwan’s largest credit card renewal operation following its merger with Citibank. Thales is helping produce up to 30 card body artworks to support DBS Taiwan’s ambition to become the largest and most environmentally friendly international commercial bank in Taiwan.

Derived from renewable resources such as non-edible corn, the Thales Bio-sourced PLA card is one of the most eco-friendly products on the market. The card is the world’s first UL Environmental Claim Validation (ECV)* certified eco-friendly payment card, and its bio-based component has been lab-tested and accredited by UL, the world leader in science safety.

Nassir GhrousThales DBS Taiwan

Nassir Ghrous

“Thales is honoured to collaborate with DBS Taiwan in its initiatives to offer environmentally and socially impactful solutions to its customers and to be Asia’s sustainable payment solutions leader. As a global pioneer in advanced technology, Thales is also at the forefront of modern card issuance, with an extensive range of solutions that include cards produced from bio-sourced PLA, ocean-recycled plastic, recycled PVC, and even sustainable wood. We look forward to deepening our partnership with DBS as we build towards a safer, greener and more inclusive future for all,”

said Nassir Ghrous, Vice President, of Thales Banking and Payment Services, Asia Pacific, Middle East and Africa.

Featured image credit: Edited from Freepik