Monzo Plus - here's what's coming next!

My card has the ‘plus’ writing but it’s very faint. You can’t really tell without looking closely at the card.

Anyone with a card what’s it say on the back above the magstripe. Tell us which manufacturer the problems are with

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Here you go…

20190526_150931

One thing I keep wondering is how expensive/difficult is card manufacturing(I assume there’s no reason to move it in house)

I feel moving it in house seems like a bad idea to me.

Just seems so far from what Monzo do currently plus I assume there are a lot of machines etc.

true but it seems that they don’t have a handle on how widespread the issue is( and its affecting customer satisfaction).
But I completely agree that its completely left field.
I was just airing my thoughts as it were

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That’s a nitecrest card then. One of the 1st hurdles they would face bringing it in house would be they’d have to have a mastercard certified site. They’d then need to buy machines to print the cards followed by further machines to do the card person. Not to mention the HSMs they’d require that do all the calculations to ensure the chip data is encrypted to the required standards.

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I genuinely had no idea that it is so complex. :rofl:

I used to be the same thought banks made the cards themselves. Then I started work for a company (no not the ones who made those plus cards :joy:) who makes cards so now see what goes into it. Quite surprising for something that seems so simple

Which banks make their own cards? Monzo just needs to switch manufacturer if the current isn’t up to quality.

My bank cards identify the following manufacturers of my cards.

RBS use GyD Ibérica.
Barclays use Gemalto.
Curve use Gemmalto.
Monzo use Tag Systems (and another? I’m sure they use two).
Coinbase use Thames Card Technology.
N26 use exceet Card Group.
Co-op use IDEMIA.
Smile use IDEMIA.
Starling use Tag Systems.
mbna use IDEMIA.
Bunq use Future Card Industries.
American Express uses IDEMIA.
Tandem use IDEMIA.
Monese use Thames Card Technology.
Glint use Thames Card Technology.
Revolut use allpay.cards.

There are none I know of who do it themselves just not cost effective. Monzo use Tag (Nitecrest), all pay and IDEMIA at the moment.

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Metro bank print there cards

Also great to air ideas! Was just suggesting a reason it is not.

A solution is needed so any and all ideas should be welcome

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Could you go into a bit more detail? Just curious myself

Especially as as far as I know:
The card is similar/the same as a normal sim card.
The card itself is plastic with some embossing.
(This is clearly the next part of fintech that needs some disruption :scream::rofl:)
EDIT: the stuff you can buy on alibaba :rofl:

Do the numbers relate to batch at all? Mine is exactly the same as @Ordog and other than the white tipping coming off a bit (no worse than the normal cards) mine doesn’t have any of the issues others have described.

Metro Bank doesn’t print the whole card in store like an inkjet printer. They print/emboss your card details onto a blank, but pre-designed card, in store. Their cards are still sourced from somewhere like TCT unless someone would like to correct me.

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I don’t know much about Metro but imagine they use a system similar to Instant payment card issuance | IDEMIA you can only really do really small quantities on this

I think that’s probablly just the manufacturers part number and date of manufacture

Would be great if instead of focusing on new projects, Monzo could focus on the basics, such as flexible dates for monthly salary… pretty frustrating to be honest