back Back

Starling rolls out new recycled plastic Mastercard debit card

By Megha Bhattacharya

March 15, 2021

  • Starling
  • UK
Share

starlingDigital bank Starling today announced the launch of a recycled plastic debit card. The Bank’s new card is the first UK Mastercard debit card to be made from recycled plastic (rPVC), sourced from EU industrial waste from printing and packaging industries and making up 75% of the card.

According to Starling, existing customers will receive the recycled card when their current one expires and new customers will be issued the card upon joining the bank.

Anne Boden, CEO and founder of Starling Bank said, “The environment is important to our customers, so launching a recycled plastic debit card was the right thing to do. This new card comes with no deterioration in technical quality or capability, it simply supports people in their journey to become more green. We’re proud to be a branchless, paperless bank that runs on renewable energy. And now we’re delighted that we’re building on this with our new recycled cards.”

The rPVC used for the card is drawn from Mastercard’s Sustainable Materials Directory, a directory of sustainable materials and vendors for card products.

Paul Trueman, Senior Vice President, Product Advancement, Cyber & Intelligence at Mastercard said, “We are helping banks like Starling offer more eco-friendly cards to consumers – put simply, it’s better for the environment, it’s better for business and it meets evolving consumer needs. We’re delighted to see Starling making the first move in the UK and to see efforts on sustainability gaining traction across the globe. We hope more organizations will join us, as we collectively use our power for good to address these pressing environmental challenges.”

Starling said that the new rPVC cards will reduce the demand for new plastic production. Each kilo of rPVC will replace its equivalent of new PVC in the market, with two kilos of CO2 being saved for each kilo of the material used. Only 25% of the card is made up of unavoidable non-recycled elements, including the card’s chip and magstripe.

Recently, Starling Bank announced that it has added PayPal’s iZettle to its Business Marketplace. The new development will facilitate the provision of in-depth transaction information to business owners. The integration of iZettle will give SMEs information about sales, fees, tips and taxes.

Previous Article

March 15, 2021

Chinese FinTech giant Ant Group’s CEO Simon Hu resigns

Read More
Next Article

March 15, 2021

Fulton Bank streamlines Foreign Exchange & Trade Finance operations with Finzly

Read More







Advertise with us



IBSi Daily News Analysis

The Weekly Wrap

July 01, 2022

Starling

The Weekly Wrap: all you need to know by Friday COB | July 1st

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 01, 2022

IBS Intelligence recognizes Temenos as the #1 Best-Selling Banking Software in Six Categories

Read More

July 01, 2022

GoCardless to acquire Open Banking platform Nordigen

Read More

July 01, 2022

5 FinTech tweets you should see!

Read More

Related Reports

Sales League Table Report 2022

£ 1,500.00 / year

Know More
Global Digital Banking Vendor and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2022

£ 1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Treasury and Capital Markets Systems Report 2021

£ 1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022