The company believes that in the future, highly secure EMV chip-based payment cards will replace conventional magnetic stripe cards, particularly in the USA and in Asian growth markets.

India has been the focus of G&D's most recent investments in this area. In Chennai, on India's east coast, the company is in the process of opening a new personalisation centre offering a complete end-to-end service designed to help Indian banks migrate to smartcard solutions. This follows on from the recent inauguration of G&D’s personalisation bureau for EMV cards in the Canadian city of Montreal. By establishing a presence in the Canadian province of Québec, G&D intends to both strengthen its relationship with local customers and further extend its current leading position in the Canadian EMV market.

Just one month ago, Giesecke & Devrient announced that it would be significantly expanding its EMV activities at its Twinsburg site in the U.S. state of Ohio, creating around 100 new jobs. The company has also confirmed that it will be officially opening a new personalisation centre in the Indonesian capital of Jakarta within the next few months, a move which will significantly expand its production capacity in the Southeast Asian region, too.