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UAB launches first 100% environment-friendly payment card

By Leandra Monteiro

October 07, 2021

  • Domestic Payments
  • environment-friendly payment card
  • Go Green
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United Arab Bank, UAB United Arab Bank, teamed up with Toppan FutureCard to launch the Middle East’s first environment-friendly payment card to be manufactured with a card core entirely made from 100% recycled PVC.

Commenting on the new card, Ahmad Abu Eideh, CEO of UAB said, “We are pleased to partner with Toppan Future Card for this milestone card project, and to be the first bank in the Middle East to introduce a payment card with a 100% recycled PVC card core.”

Mr. Abu Eideh added, “The launch of the new card comes within the framework of the bank’s commitment to contribute to the UAE’s government’s continuous efforts to achieve its green growth transition and to keep pace with the times in providing products that protect the environment.”

Jean-Pierre Ting, Managing Director of Toppan Future Card said, “We are pleased that United Arab Bank has chosen our OxyCYCLE PVCr card to launch the Middle East’s first eco-friendly payment card made of a 100% recycled PVC card core.”

He added, “At Toppan, we continuously strive to develop new technologies and materials to meet our high standards and continuously move towards a sustainable future. As a result, we have managed to create our Oxy card series, the biggest portfolio of eco-friendly cards available on the market. It is our pleasure to share this success with our valuable customer UAB and to go green together.”

It is worth noting that Oxy’s eco-friendly cards provides great environmental advantages compared to traditional plastic cards. The new cards are certified by international bodies and do not result in any harmful waste at any stage of its life cycle, from manufacturing through use or even when disposed of in the event of card renewal or replacement.

The OxyCYCLE cards are in line with the UAE’s efforts working towards a greener future and their new policy to eliminate the use of avoidable single-use plastic materials by 2021 through fostering a culture of recycling and re-use and encouraging more sustainable practices. OxyCYCLE PVCr cards are made of 100% non-virgin PVC, generating a carbon footprint reduction of 8%, compared to conventional PVC cards.

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