PAYMENTS

Gabrielle Bugat is CEO of Giesecke + Devrient ePayments GmbH , with extensive experience in the international payments industry . She began her career in telecom product management at Schlumberger Smartcards ( Axalto , then Gemalto ) and has since held various leadership positions in project integration , product , R & D and sales .

“ This shift allows more people to experience the durability , aesthetic appeal and prestige previously reserved for premium credit card holders ,” Eoghan says .

G + D has developed premium cards with sustainability in mind , producing them with durable wood . This comes as part of its aim to cut down on the use of PVC plastics in credit card production .

“ At G + D , we already have plastic from ocean cards deployed and it ’ s about adjusting our cards , which may be a bit more uneven now as we are not using raw plastic ,” continues Gabrielle . “ For example , applying a wave effect to make the rougher plastic integral to the design .”

By 2030 , G + D has pledged to no longer use virgin plastic in any of its card production , joining the likes of Mastercard which has to do the same by 2028 .

The company will continue to push echo wood as a sustainable premium option for its cards , alongside ceramic and heavier metals .

The age of the virtual card Physical cards aside , leading industry players know that today is the era of virtual card use .

For Eoghan , single-use virtual debit cards have significantly transformed industries by simplifying and securing the payments experience .

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