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Stock impact report

CPI Card Group® and Fit Pay® Collaborate on Contactless Payment Objects

CPI Card Group Inc. (PMTS) 
Last cpi card group inc. earnings: 11/6 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cpicardgroup.com
Company Research Source: Business Wire
CPI’s Adaptives™ Embedded Contactless Technology Powers Fit Pay’s New Flip Payment Device LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced a collaboration with Fit Pay, Inc., a leader in the contactless payments space and subsidiary of Nxt-ID, Inc. (NASDAQ: NXTD). Fit Pay selected CPI’s embedded contactless technology, Adaptives™, to power contactless transactions for Flip, its new contactless payment device.Flip allows consumers to make purchases at millions of retail locations that accept contactless payments. Accompanying the physical Flip is Fit Pay’s digital wallet, which enables consumers to store and manage funds transferred from standard bank accounts, supported Bitcoin wallets and more. Similar in size to a poker chip, Flip gives contactless payment power to consumers in an imaginatively compact and convenient f Show less Read more
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