MPI
Payment Solutions

Built for the
Future of Payments.

Every transaction begins with trust. As MPi's largest business domain, our Payment Solutions ecosystem engineers secure and seamless payment experiences, from card manufacturing to digital automation, that is trusted by leading institutions around the world.

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MPi payment card
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Payment Cards

At The Core of

MPi's Portfolio.

Payment Cards are where MPi's journey began, and remain the foundation of our growth today. While being India's highest-ranked payment card manufacturer,* we engineer secure banking and transit cards for private and PSU banks, NBFCs, and fintechs across the world today.

*Nilson Report, 2024

86.20M+
Chip Cards Billed FY25
120.5M+
Installed Annual Capacity FY25
100% rPVC · Visa Certified
•••• •••• •••• 4291
Sealed
In Transit
MPi card back — magnetic stripe
MPi metal card
100% rPVC · Visa Certified
•••• •••• •••• 4291
Sealed
In Transit
MPi card back — magnetic stripe
Estimated Indian Card Issuance Market Share
Approx.0.0%
Credit Card
Approx.0.0%
Debit Card
Ranked #1 in India · #10 GloballyExcluding China · Nilson Report, 2024
Market Position

Leading Nationally. Growing Internationally.

Manufactured under the 'Make in India' mandate, this is our largest business vertical by revenue, growth and scale. MPi is among the top 2 players that contribute to approx. 64% overall Indian market share. Through 10 certified manufacturing facilities in India and growing subsidiaries and export markets globally, MPi serves 344+ customers.

Trust and Compliance

Heavily Certified.

Trusted by all seven major international payment networks, MPi operates to the world's most stringent payment security standards. From Mastercard's global top 10 vendor recognition to IBA-approved decentralized printing, every credential reflects proven excellence.

Advanced Payment Technologies

Smarter Cards. Stronger Security.

Our DSIR-recognised innovation capabilities continue to advance secure payments through EMV-approved contact and dual interface contactless technologies, NFC-enabled cards, and fingerprint-based biometric authentication solutions.

Construction

Magstripe. Chip. Dual Interface.

Across PVC, recycled PVC, and metal bodies, the same card can carry a magnetic stripe, an embedded EMV chip, or both; compatible across payment terminals worldwide. Strategic chip sourcing gives MPi a cost leverage few competitors can match.

Pioneering Sustainable Engineering

India's First rPVC RuPay Card.

MPi introduced the first recyclable polyvinyl chloride RuPay card in the Indian market along with Tide, Transcorp, and NPCI in 2024. We also hold a prominent payment network's certification for rPVC-100% cards in the magstripe and DI configurations.

Card Portfolio

15 Card Types.
One Certified Manufacturer.

From everyday banking cards to premium metal offerings, we house a complete EMV-compliant payment cards manufacturing and personalisation ecosystem.

Click a card below, or use the arrows, to bring it to the stage
Recycled PVC
Recycled PVCECO

Eco-friendly alternative using 100% recycled PVC material

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Recycled PVC
Recycled PVCECO
LED Card
LED CardTECH
Colour-core
Colour-core
Holographic
HolographicPREMIUM
Metallic Foil
Metallic Foil
Debit
Crystal
PREMIUM
Fragrance
Fragrance
Edge-Gilded
Edge-GildedPREMIUM
Metal Elite
Metal ElitePREMIUM
Campus Combo
Campus Combo
Clear
Clear
Image
Image
Touch 'n' Feel
Touch 'n' Feel
Debit
Quick Read
Braille
BrailleACCESS
Recycled PVC
Recycled PVCECO
LED Card
LED CardTECH
Colour-core
Colour-core
Holographic
HolographicPREMIUM
Metallic Foil
Metallic Foil
Debit
Crystal
PREMIUM
Fragrance
Fragrance
Edge-Gilded
Edge-GildedPREMIUM
Metal Elite
Metal ElitePREMIUM
Campus Combo
Campus Combo
Clear
Clear
Image
Image
Touch 'n' Feel
Touch 'n' Feel
Debit
Quick Read
Braille
BrailleACCESS
MPi card — front
SECURE ✓
Security Laminate
Tamper-evident overlay
CARDHOLDER NAME
Personalisation
Laser engraved · Highly customisable data
Hologram Foil
DOVID · Anti-Counterfeit
EMV Certified Chip Module
Micron-level precision
Antenna Coil
RFID · Dual-interface NFC
MPi card — back
PVC · 0.76mm
PVC Core
INTERGRAF ISO 14298:2021 · PCI-DSS Level 1 Certified
6 Layers of Precision Engineering.
Scroll to watch them separate.
6 layers · One card · Precision at every micron
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MPi metal card — brushed
Metal Cards

The symbol of

financial sophistication.

Ranked among India's leading metal card manufacturers (FY25),* MPi combines patented manufacturing technology with exceptional engineering to craft premium metal payment cards that stand in a class of their own.

*(Source: Frost and Sullivan report)

Top 5
Global suppliers
32%
Indian metal card market share
RuPay Metal Card
Select manufacturers
Top 4 Issuers
Served — accounting for 70% of Indian credit cards
Explore Our Metal Cards Portfolio
Specialty Payment Products

Beyond The Standard
Card Ecosystem.

Purpose-built debit, credit, and prepaid cards designed for specialised ecosystems, institutions, and customer experiences.

NCMC (National Common Mobility Cards)
Flagship
NCMC (National Common Mobility Cards)

We are one of the few manufacturers to pioneer NCMC production in 2024 with Airtel Payments Bank. These prepaid multi-utility cards enable seamless contactless payments for travelling across India's growing transit ecosystems.

200M+
NCMC cards issued (as of March 2024)
Campus Cards
Campus Cards

Smart cards enabling unified access, identification, and payments for educational institutions and universities.

Fleet Cards
Fleet Cards

Secure payment solutions for fuel and fleet management.

Gift Cards
Gift Cards

Customisable pre-paid programmes for retail brands and businesses.

Loyalty Cards
Loyalty Cards

Points-based loyalty credential programmes, strengthening customer engagement and retention.

Meal Cards
Meal Cards

RBI-compliant prepaid meal cards that simplify employee benefits through secure everyday spending.

Smart Wearables

Wear. Tap.

Pay.

Catering to the increasing demand for wearable payment credentials by premium banking segments and neo-bank customers, we engineer NFC-enabled payment wearables.

Smart Watches
Smart Watches
Smart Watches
Smart Watches
Smart and Customizable

9 Form Factors. Built to Customer Needs.

Innovating in wearable tech, our diverse range of wearable payment devices offer users convenience and security through NFC-enabled contactless transactions. The payment chips can be personalized into the desired form factor basis the requirements.

Building Beyond Cards

The Future of Contactless Payments.

Securely personalized within two of our certified manufacturing facilities, MPi's smart wearables integrate chip-embedded mini tags and antenna technology to enable seamless contactless payments.

Cheque Solutions

Banking's Trusted

Standard.

Backed by advanced data processing, customised branding, and rigorous security controls, MPi prints and delivers highly secure cheque solutions with precision, compliance, and reliability at scale.

Security forms and stationery
SPECIMEN · SPECIMEN
State Bank of India
Current Account
MICR
Pay _________________________ or bearer
₹ _______________
⑆ 623456 ⑆ 00112 ⑆ 001234
UV INK
MPIMPIMPIMPIMPIMPIMPIMPIMPIMPIMPIMPIMPIMPIMPIMPIMPIMPIMPIMPI
ISO 9001:2015
Quality Management Systems Certified
5 IBA-Approved Printing Facilities
Manipal
Mumbai
Chennai
Noida
Howrah
Global Compliance

Certified at the Highest Level.

MPi's in-house cheque book production and end-to-end encrypted data processing system meets the stringent RBI, IBA and international banking standards.

Precision Engineering

Five Key Elements. One Cheque.

Built with five integrated layers of security, our cheques combine CTS watermarked MICR paper, micro-printing, UV-tested inks, offset printing plates, and other custom security designs for trusted authentication.

Customisation and Security

Built Around Your Brand.

Every cheque is tailored to reflect a customer's brand identity through personalized fonts, layouts, and design elements. Manufactured within highly secure environments, each cheque undergoes rigorous quality and security checks to ensure seamless clearing and processing.

NFC / QR Solutions

Tap Into

Possibilities.

From NFC tags and QR-enabled experiences to RFID-based mobility and toll payment solutions, MPi enables secure and convenient interactions across physical and digital ecosystems.

NFC-enabled adhesive stickers
Smooth tap-and-pay or scan experience for users.
NFC
In-house Manufacturing and Personalization
Secure Production Platforms
Connected Experiences

From Every Tap to Every Scan.

MPi enables seamless payments, access control, loyalty programmes, smart packaging, promotional campaigns, and customer engagement through branded NFC tags and personalized QR solutions.

RFID Application

NHAI-Approved Suppliers.

As one of the empaneled suppliers of FASTags, we have built the RFID technology that is deployed for making toll payments directly from the end-customer's account linked to the tag.

Digital Automation

Smarter Banking

in Five Minutes.

Powered by MPi's proprietary software, our branch and kiosk-based instant issuance solutions enable our customers to issue essential payment credentials in a single five-minute workflow.

Account-opening with KYC verification
Account-opening with KYC verification
MPi kiosk
Account opening
Kiosk
MPi card
Live Card
Aligned with Banking IT Security Standards
PCI DSS Level 1-Compliant
On-Demand Banking

Branch in a Box.

Our self-service and teller-assisted instant issuance setups enable banks to print and personalize payment cards and passbooks in real-time. The end customer receives an activated card or a filled passbook within minutes, securely integrated with core banking systems through a fully automated and paperless workflow.

Kiosk Deployment

Expanding with Global Rollouts.

Determined to extend beyond traditional branches, our financial inclusion kiosks enable banking access across rural and underserved locations. Today, MPi's instant issuance infrastructure powers large-scale deployments across India and Europe, delivering where banking services are needed most.

5,000+
Kiosks Deployed
Across public and private banks, tier 2 and 3 cities, government service points
500+
Kiosks Deployed for SBI
One of India's largest instant issuance rollout
Digital Banking Unit Initiative
Government's personalized debit card issuance kiosks
17
Operational Kiosks in Spain
26 more to be deployed — dispensing prepaid foreign-exchange cards to EU citizens
Technical Specifications
MPi PersonaPrint
MPi IssuNow
MPi WatchGrid
Envelop KITIssuance Engine
Bundled Services

The Complete Banking
Issuance Ecosystem.

In addition to our standalone card offerings, we also provide integrated bundled services. Whenever a customer opens an account in a domestic bank, we print and ensure timely delivery of cards, cheques, PIN, mailers, and other collaterals, to our clients from our printing facilities located across India.

01
Design
Artwork, material selection
02
Card Manufacturing
PCI DSS L1 certified facility
03
Proprietary personalisation
Laser-engraving, embossing, encoding, etc.
04
Cheque Solutions
RBI and IBA certified printing
05
Collaterals
Welcome kits, mailers, packaging
06
Secure Logistics
Tamper-evident chain of custody
Certifications and Partnerships
PCI DSS
Level 1 certified facility - highest payment security standard.
EMVCo
Certified Manufacturer - contact + contactless cards
INTERGRAF ISO 14298:2021
Central Bank Level certification for secure printing
IBA Approved
RBI-compliant, certified security printers
CMMi Level 3
Certified process maturity
7 Payment Network Approved
VisaMastercardAmerican ExpressRuPayJCBDinersDiscover
NPCI Certificate of Compliance
Recognised for adherence to national payment ecosystem standards.
ISO 9001:2015
Quality Management Systems
ISO 27001:2022
Information Security Management Systems
Secure Production Environments By Design
system-status.log
Air-gapped personalisation bureausActive
Continuous CCTV surveillanceActive
Dual-control cryptographic key managementActive
Multi-layer access controlsActive
Secure packaging and logistics networkActive
344+
Institutions Served
Case Studies

MPi in the field.

From pioneering the payments card manufacturing landscape in India to establishing a strong presence across the world, read how we serve the largest banks and financial institutions worldwide at scale.

View Case Studies
Payment Solutions

Let's build your payment solutions programme.

From design to delivery, MPi handles the complete product lifecycle for payment solutions. We would love to partner with you.