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Card recycling services

Empowering sustainability at every stage

Embracing a sustainable payment approach involves every part of your customer’s journey, including 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 environmental 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 more sustainable payment card economy can help alleviate banks’ impact on our ecosystem. 

However, every bank – and every customer’s – needs are different. We don’t offer a “one size fits all” recycling program. Instead, we work with banks to build an end-of-life recycling program that perfectly aligns with their preferences. From pilot schemes to prototyping, country-specific concerns to custom processes, we can create the ideal scheme, no matter how complex the requirements. 

500bn

From 2015 to 2021, we consumed 500 billion tonnes of virgin materials.

Protecting our planet from avoidable mistreat

Every year, millions of expired payment cards are carelessly discarded, often ending up in landfills and contributing to environmental degradation. These cards, composed of various non-biodegradable materials, pose a serious threat to our planet. Answering the call from society and from banks, we are actively collaborating with banks and financial institutions to launch more affordable, sustainable payment card solutions and explore alternatives. By repurposing these materials, we are not just reducing waste; we are actively participating in the fight for a more sustainable future. 

Why end-of-life recycling matters

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Virgin production is wasteful

90% of the materials we extract and use are wasted.

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Recycling is more energy-efficient

Recycling an aluminum soda can is 95% less energy-intensive than creating one from scratch.

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Customers care

92% of customers will be more likely to trust a company that supports social or environmental issues.

Meeting the challenges of an eco-conscious payment card strategy

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Knowledge

Leveraging partners' expertise, from material selection to manufacturing and logistics, can help overcome the challenges of creating a sustainable issuance program.

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Resources 

Not all banks will have the time or capacity required to fully manage adopting a more sustainable approach to issuance. By working with a partner that offers a consultative and collaborative approach, banks can reduce inefficiencies in their current processes.

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Compliance 

Providers are usually more embedded in the sustainability ecosystem, with contacts across multiple organizations.

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Trust 

Partnering with the right organization, which already has a significant reputation for sustainable innovation, can quickly help improve the issuer’s brand perception.

Embracing the challenge of complex card recycling

Payment cards, as one of the most convenient and widely adopted payment methods, contain very complex electronics beyond the card body materials themselves. Effective recycling demands specialized methods to safely and efficiently separate and process each material. Thus, G+D must work together with banks and their end-customers to recollect expired payment cards and launch delegated workflows to minimize their impact on the environment and create a lasting positive impact. Banks can also take this as an opportunity to reproduce community-friendly furniture and items that can strengthen their bonds with the local community.

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:

2030

How we’re improving our sustainability

G+D has committed to replacing virgin plastic with more sustainable materials, for all the payment card bodies we produce by 2030. 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

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Ensuring a more sustainable payment experience requires a top-level strategic approach so that every part of the journey is considered in the context of your wider business.
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Choosing the right, sustainable material for your payment cards – such as our range of recycled and industrially compostable cards – is a tangible demonstration of your eco-commitment.
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Choose recycled and recyclable paper or change your production methods to print-on-demand for increased sustainability.
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Reducing the amount of printed matter and exploring digital alternatives for carriers, PINS, and other parts of the payment process.
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The traditional issuance and payments experience can be transformed and enhanced with digital support. From helping customers make more eco-conscious purchasing decisions to digital PINs, we can help make payments 'greener.'
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Building an ecosystem of sustainability partners is critical to long-term success. We work with a growing range of eco-partners.
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The sustainability challenge requires that we work together to co-create and collaborate on new, eco-conscious payment solutions.
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Implementing a card recycling program allows your customers to participate in the circular economy, transforming used cards into new materials that can benefit the community.

How it works

Our recycling program takes care of every stage of the process, offering various options that make sense for your sustainability strategy and end consumers.

01. End customer education 

Choose your education strategy. We'll help you to: 

  • Encourage your customers to hand back their payment cards. 
  • Highlight sustainable reasons behind recycling and available return methods. 
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02. Card collection options 

We can support you and your customers in collecting expired payment cards: 

  • Collection boxes, with or without shredding, where customers can drop off their expired payment cards. 
  • Analysis and evaluation of individual client needs to determine the best collection solution. 
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03.  Transportation and consolidation 

Depending on your situation and logistics setup we can work with you to determine the best methods for securely and efficiently transporting expired payment cards to our recycling partners.

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04. Data security 

We work to provide a safe, sustainable, and secure recycling and disposal solution tailored to the issuer's geography and specific needs. Customers can choose to have G+D deactivate cards on receipt, and G+D will then shred them to further ensure that physical information from the card itself cannot be stolen and used.

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05.  Card recycling process 

We offer different approaches to how the card is recycled, with certificates to ensure full traceability of the recycled materials: 

  • Raw materials: The recycled material will be used to make new plastic products in other industries 
  • Custom products: We work with customers to turn recycled material 
    into custom products.
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The recycling outcome

Once recycled, the plastic from payment cards can be repurposed into a wide variety of objects, for example:

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Planters
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Public benches

Explore the many ways we can help you to achieve your ESG goals

G+D credit cards: Convego Parley Ocean, Convego Natural and Convego Recycled
Convego® Beyond

We believe that the power for change lies in the hands of the consumer, and the power to shape a new consumer mindset towards a more sustainable lifestyle also lies in our hands.

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More Accessible Payments Offering

Explore a suite of card, digital and onboarding solutions that can help you to deliver a more accessible, convenient and secure payment experience to your end-customers. Another step toward social sustainability in your ESG journey!

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.