Card recycling services
Closing the sustainability loop
Ensure every part of your customers’ payments journey is as sustainable as possible – with end-of-life recycling.
Our planet’s resources are strained. By 2030, the combined resources of two Earths won’t be enough to support projected increases in the global population. We must find ways to minimize our ecological impact—before it’s too late.
Waste from plastics pollutes the environment when burned or discarded. Payment cards are an intrinsic part of the relationship that banks and fintechs have with their customers, so reducing or eliminating any waste and moving towards a circular payment card economy can help alleviate banks’ impact on our ecosystem.
Why end-of-life recycling matters
Meeting the challenges of a circular payment card economy
Knowledge
Leveraging the expertise of partners, from material selection to manufacturing and logistics, can help overcome the challenges of creating a sustainable issuance program.
Resources
Not all banks will have the time or capacity required to manage adopting a circular approach to issuance fully. By working with a partner that offers a consultative and collaborative approach, banks can reduce in efficiencies in their current processes.
Compliance
Providers are usually more embedded in the sustainability ecosystem, with contacts across multiple organizations.
Trust
Partnering with the right organization, one that already has a significant reputation for sustainable innovation, can quickly help to improve the issuer’s brand perception.
Pledge 2030
Learn how our clients have embraced a sustainable approach in their payment offerings, providing their customers with real, tangible demonstrations of their commitment to making every payment more sustainable:
How we’re improving our sustainability
G+D has pledged to replace all virgin plastic in our payment card products by 203030. G+D is the first in the payment industry to make such a commitment and we anticipate that the industry will follow suit.
Sustainability at every stage of the payment journey
How it works
Our range of recycling programs takes care of every stage of the process, offering various options that make sense for your sustainability strategy and end consumers.
1. End customer education
Choose your education strategy. We'll help you to:
- Encourage your customers to hand back their payment cards.
- Utilize different communication channels to spread the message.
- Highlight ecological reasons behind recycling and available return methods.
2. Card collection options
There are several ways we can support you and your customers in collecting expired payment cards:
- ATM collection, where a customer inserts their expired payment card.
- In-branch collection, where the customer hands their expired card over to a staff member.
- Collection buckets or boxes where customers drop off their expired payment cards.
3. Transportation and consolidation
Whether you work directly with one of our recycling partners or rely on G+D to transport and consolidate your customers’ expired payment cards, you can be sure that they will be transported and collated securely and efficiently.
4. Data security
We work to provide a safe, sustainable, and secure recycling and disposal solution tailored to the issuer's geography and specific needs. All cards are deactivated upon receipt and later shredded to ensure that physical information from the card itself cannot be stolen and used.
5. Card recycling process
We offer different approaches to how the card is recycled and to what extent a bank wants to be involved in the results of the recycled materials.
We collate, store, secure, and transport the cards to the recycling partner, with post-recycling analytics, and the chance to collaborate on bespoke recycling projects.
The recycling outcome
Once recycled, the plastic from payment cards can be repurposed into a wide variety of objects, for example:
Small household items
Objects to enhance the community
Business items
Explore the many ways we can help you to achieve your ESG goals
Get in touch
If you have any questions about our end-to-end business solutions or about our SecurityTech company, seek expert advice, or want to give us your feedback, our team is here to support you, anytime.