TOPPAN Security acquires the company dzcard in order to remain the Asian payment card industry the most powerful.
The transaction will make TOPPAN twice as large in printing banking cards and expand personalization net. The company will have an ability to offer local services using the new plants and the personalization facilities in Thailand, the Philippines, Malaysia, India, Morocco, and East Africa.
The decision gives supplement to TOPPAN that is currently available all over the world in the Middle East, Africa, Latin America, and Europe.
By acquiring its business together with dzcard, TOPPAN Security can become more experienced. All of them will together offer superior solutions to banks, fintechs, and other financial service providers across three continents.
dzcard is well conversant with the area. It has got two plants and seven personalization centers serving the payment, telecom, and government market.
TOPPAN Security is specialized in identity and payment technology. Its products are card manufacturing, encryption, biometrics authentication and also identity verification.
With inclusion of the global scope and local presence, the company will continue its expansion in safe payment market.
Security purchases dzcard in order to accelerate its growth and become a regional pioneer in payment solutions transformation in Asia and beyond.