MCT CARDS & TECHNOLOGIES

India being an emerging economy, adoption of plastic cards is in the fledgling stage but rapidly becoming popular and replacing cash in the major metros. To cater to this high potential market Manipal Technologies Limited set up the plastic cards division in 2008, in a JV with Chanwanich Security Printing Company and Thomas Greg & Sons. The MCT facility is Visa, MasterCard and RuPay certified for both EMV and DI cards, and is the largest plastic cards facility in the country. Within the two years of operations we have already captured more than 50% of the banking Debit / Credit / Pre-paid cards market. We have also put in place infrastructure to produce smart cards and with the SCOSTA certification are now offering SIM cards and smart cards for applications like biometric identification, payment facilitation etc. With the setting up of the UIDIA most government departments are beginning to establish processes for e-governance, implying that a large number of departments are issuing..

Also known as: MCT Cards & Technologies Pvt Ltd