MK Smart is honored to be in the TOP 15 global payment card manufacturers
On September 18th 2017, Nilson Report announced the list of the leading card manufacturers in the world. Accordingly, MK Smart ranked in the TOP 15 manufacturers of payment cards with 59 million and ranked 8th in the Visa and MasterCard production.
Nilson Report, in its 46th year of publication, is the most respected source of news and analysis of the global card and mobile payment industries. Nilson Report has provided a large number of exclusive statistics as well as brief news detailing the worldwide progress of card issuers and bank card payment, providers and service providers. Periodically, Nilson Report publishes the world’s largest card issuers and card acquirers, from which provides an overview of the entire card payment industry and its changes and challenges that the credit, debit and prepaid industry have to face up with.
In 2016, the card manufacturers shipped 6.43 billion payment cards worldwide, up 3.6% over 2015. Categories shown here include: MasterCard and Visa credit, debit and prepaid cards; UnionPay credit, debit and prepaid cards; American Express, Diners Club, Discover, JCB, RuPay, Maestro and ATM and local-market-only credit, debit and prepaid cards; and retail, oil, medical, airline, fleet and other private label credit and debit payment cards. The issuance of EMV cards also reduced the number of mag-stripe cards being produced in 2016.
In the card payment field, the top eight manufacturers maintained their same rankings as in 2015. As a group, these manufacturers shipped 3.7 billion payment cards in 2016, a decline of 366.4 million units, or 9.1% compared with 2015.
One of the striking points of this reports is that MK Smart – a member of MK Group – was named to be one of the companies with impressive growth in the number of cards produced in 2016 (up 58.2 million), followed by Toppan Printing, Japan (up 27.5 million), Rosan Finance, Russia (up 11.7 million).
According to Nilson Report, MK Smart ranked in the TOP 15 manufacturers of payment cards in 2016 with 59 million cards, surpassing DZ Card Thailand to become the largest card manufacturer in Southeast Asia. Especially, MK Smart was the 8th in the list for Visa and MasterCard payment card production . In 2016, the total cards produced by MK Smart were 167 million with more than 60% of which exported to Japan and many Asian and Latin American countries.
After 14 years of development, MK Smart became one of the reputable names in the card industry, keeping up with the long-standing manufacturers in the developed countries, such as Gemalto, Oberthur, Giesecke & Devrient, highlighting Vietnam in the map of major card manufacturers in the world.
MK Smart was founded in 2003 as a member of MK Group. Currently, MK Smart is the leading company in Southeast Asia in the field of smart card manufacturing for the telecommunication sector (SIM card), banking – financial sector (mag-stripe card and chip card), enterprises and organizations. MK Smart is the unique company in Viet Nam that owns the technology and experience in chip cards, SAM cards, encryption and security fields.
MK Smart owns the two card plants located in Quang Minh Industrial Zone in Hanoi and Saigon Hi-Tech Park in Ho Chi Minh City with the largest and most modern in Vietnam as well as in the region. With Visa, MasterCard, JCB, UnionPay financial card manufacturing certificates, MK Smart has been trusted by the most banks in Vietnam as well as in Asia – Pacific for the high quality, reasonable price and fast delivery time.