Valid is Proud to Announce Aspiration Recycled PVC Card Program
LISLE, Ill., June 23, 2021 – Valid, the leading provider of technology solutions for mobile, identity, data and payments, is proud to announce a collaboration with Aspiration in the launch of their Recycled PVC card program. The US-based socially-conscious and sustainable cash management services provider introduced the sustainable savings and debit card in December 2020 to reinforce their commitment to “clean money”.
The Aspiration card is produced with 70% Recycled PVC (rPVC) derived from post-industrial, pre-consumer waste diverted from the landfill. With increasing scrutiny on ecological practices and corporate responsibility regarding the use of plastics, the trend towards sustainable payment card materials is expected to accelerate over the next five years. By 2025, rPVC has an estimated CAGR of nearly 45% while first-use PVC is expected to decrease by 2.2% within the same timeframe (ABI Research).
The Aspiration card program is a derivative of Valid’s ECOFuse line, a collection of eco-conscious materials that help support an organization’s commitment to sustainability across the supply chain. “Driven by environmentally-conscious consumer demand, greener payment schemes aren’t just a buzzword, they are here to stay,” said Alberto Hernandez, Senior Vice President of Payment Solutions at Valid. “We are proud to partner with Aspiration and support their mission of improving the environment one transaction at a time.”
To learn more about Aspiration’s products and sustainable cash management services, visit https://www.aspiration.com/.
To learn more about Valid’s ECOFuse Card Collection, visit: https://valid.com/eco-conscious-payment-cards/.
Valid (B³: VLID3 – ON) provides tailored solutions that integrate emerging technologies to enable secure, trusted experiences. From Data, Payments, Identity, and Mobile to IoT, Track and Trace, Digital Certification, and Agritech, Valid offers a wide portfolio of services and solutions that accelerate the digital transformation of our clients’ business. With over 60 years of experience and more than 6,000 employees in 16 countries, Valid is the largest issuer of identification documents in Brazil, among the top 5 producers of SIM cards and the world’s largest manufacturers of banking cards. To learn more, visit valid.com.