Press Release
May 19, 2023

Tide and Transcorp Launch India's-first Recycled PVC RuPay Card

Tide, the UK's leading SME-focused business financial platform in partnership with Transcorp International Limited, a Reserve Bank of India (RBI) regulated Prepaid Payment Instrument (PPI) license holder, today announced the launch of India's first recycled (rPVC[1]) Rupay card, along with MCT Cards & Technology Pvt. Ltd. and NPCI (National Payments Corporation of India).

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Press Release
May 19, 2023

Get Ready For Recycled Cards

MCT Cards & Technology, the largest cards manufacturer in the country has launched recyclable cards on the home-grown RuPay network. Card issuers can now issue cards made out of 99 per cent recycled plastic, known as rPVC (Recycled Polyvinyl Chloride) which in turn can again be recycled, thus helping reduce carbon emissions.

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Press Release
October 21, 2022

MCT Cards & Technology Accelerates Digital India Journey, Delivers Smart Banking Kiosks To Leading Private And Public Banks In India

MCT Cards & Technology Private Limited (MCT), a subsidiary of Manipal Technologies Limited, delivered smart banking kiosks to leading private and public sector banks in India under the recent '75 Digital Banking Units in 75 Districts' initiative launched by the government.MCT is committed to accelerating the government's vision of making India a financially inclusive nation by working closely with banks to facilitate the digital banking units in the identified locations which will be the brick-and-mortar outlets for the banks.

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