Manufactured under the 'Make in India' mandate, this is our largest business vertical by revenue, growth and scale. MPi contributes to about 31.7% market share for credit and debit cards issuance in India for Fiscal 2026. Through 10 certified manufacturing facilities in India and growing subsidiaries and export markets globally, MPi serves 344 customers.
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.
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.
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.
MPi introduced the first recyclable polyvinyl chloride RuPay card in the Indian market along with Tide and Transcorp in 2024. We also hold a prominent payment network's certification for rPVC-100% cards in the magstripe and DI configurations.
From everyday banking cards to premium metal offerings, we house a complete EMV-compliant payment cards manufacturing and personalisation ecosystem.
Purpose-built debit, credit, and prepaid cards designed for specialised ecosystems, institutions, and customer experiences.
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.
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.
MPi's in-house cheque book production and end-to-end encrypted data processing system meets the stringent RBI, IBA and international banking standards.
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.
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.
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.
MPi enables seamless payments, access control, loyalty programmes, smart packaging, promotional campaigns, and customer engagement through branded NFC tags and personalized QR solutions.
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.
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.
Our self-service kiosks also serve the EU — instantly dispensing prepaid forex cards to customers, monitored round-the-clock by our in-house WATCHGRID platform.
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.
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.
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.
RuPayJCBDinersDiscoverFrom 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.
