Cardholders Now Have the Freedom to Change Their EMV PINs Anywhere, Anytime

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Dynamic Card Solutions (DCS), the leading instant card issuance, PIN selection and PIN change provider for financial institutions, today announced the availability of its new patent-pending EMV PIN change solution — CardWizard® easyPIN — that allows portable and remote changing of cardholder’s EMV PINs. By utilizing DCS’ new software-based easyPIN solution and associated unconnected smart card readers, issuers can now offer their cardholders the freedom to perform EMV PIN management from their home, office or anywhere the customer has access to a web browser or telephone.

Cardholders typically need to change their PINs because they either cannot remember a randomly assigned PIN, they want to use one PIN across multiple cards, or they have entered the wrong PIN multiple times and their card is now blocked. Traditional EMV PIN management methods require cardholders to physically go to their financial institution’s chip-enabled ATM to change their PIN. With DCS’ easyPIN, issuers do not need any brick and mortar branch or ATM location to achieve the PIN change or card unblock.

DCS’ easyPIN makes use of an Internet or phone connection and a small unconnected handheld smart card reader that is issued by their financial institution. Cardholders can simply insert their EMV card into the smart card reader and follow the instructions that prompt them to change their PIN. This can be done through the online banking website, interactive voice response (IVR) support, or an optical interface.

“Until now, changing chip-based PINs required costly brick and mortar-based infrastructure, but now, thanks to easyPIN, cardholders can change EMV PINs anywhere,” said Spencer Cark, director of international markets for DCS. “DCS easyPIN saves issuers significant infrastructure investment, while enhancing cardholder satisfaction and ultimately increasing card usage.”

DCS works with multiple card reader manufactures to develop devices compatible with CardWizard easyPIN technology. The flexible design of DCS’ easyPIN means it can be integrated into issuers’ existing customer delivery channels such as home banking, and the solution is also compatible with standard Two Factor Authentication (2FA) functionality, such as MasterCard CAP & Visa DPA, ensuring that the deployed readers provide a wide range of features to cardholders.

The easyPIN platform is available now. For more information about the system and other DCS’ instant issue technology offerings, please visit www.instantissuance.com.

About Dynamic Card Solutions

Founded in 1996 and a wholly owned subsidiary of Dynamic Solutions International, Dynamic Card Solutions (DCS) develops instant issuance, PIN selection and PIN change solutions for banks, credit unions and retailers that issue EMV, contactless and magnetic stripe cards. DCS is the leading instant issuance provider for Visa® and MasterCard® debit cards. The company offers fully integrated solutions that allow financial institutions and retailers to quickly and securely issue debit, credit and ATM cards instantly at branch or store locations, and change PINs virtually anywhere, anytime. Issuing cards instantly increases customer service, card sales and revenue, and eliminates current card issuance costs. DCS' system includes a user-friendly administration component that provides full reporting, card inventory and more. All solutions utilize encryption and are compliant with recommended security procedures for instant issuance. For additional information, call +1 303.754.2000 or visit the Dynamic Card Solutions Web site at www.instantissuance.com.

© 2009 Dynamic Card Solutions. All Rights Reserved. All trademarks, service marks and trade names referenced in this material are the property of their respective owners.

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