Guy DiMaggio, SVP and General Manager, Secure Card Solutions, CPI Card Group, said, “We estimate that for every 1 million Second Wave payment cards produced, over 1 ton of plastic will be diverted from entering the world’s oceans, waterways, and shorelines.”
Over 6.4bn payment cards are made globally each year (Nilson 2018).
Mark Spalding, President, The Ocean Foundation: “Unifimoney’s Recovered Ocean-Bound Plastic Cards and our partnership represents a highly innovative model for helping people engage and fund issues they care about like protecting our ocean and coasts.”
Unifimoney will initially launch debit cards in Summer 2020 which are issued by UMB Bank. “Being a strong community partner is one of our core values at UMB, so we’re proud to be the issuer of these environmentally friendly cards,” said Doug Pagliaro, Senior Vice President, FDIC Sweep at UMB Bank.
“At Visa, we are working to make commerce greener and more sustainable,” said Douglas Sabo, VP and Global Head of Corporate Responsibility & Sustainability at Visa Inc. “We applaud this innovative approach of Unifimoney. We are proud to be part of this group of partners who are committed to supporting sustainable practices and protecting our oceans.”
Ben Soppitt, CEO of Unifimoney said, “This was a great opportunity to support and lead the industry towards greater sustainability and involve our users in protecting and restoring the ocean environment. We want to bring new innovations to market that help our customers and make a positive impact in the world.”