NAICS Code 326113-03 - Credit Card/Other Plans Equipment Supl (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 326113-03 Description (8-Digit)

The Credit Card/Other Plans Equipment Supply Manufacturing industry is a subdivision of the Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing industry. This industry involves the production of equipment and supplies used in the creation and processing of credit cards and other payment plans. The equipment and supplies produced in this industry include card embossers, card printers, card readers, and other related equipment. The industry also produces supplies such as blank cards, magnetic stripes, and other materials used in the production of credit cards and other payment plans.

Hierarchy Navigation for NAICS Code 326113-03

Tools

Tools commonly used in the Credit Card/Other Plans Equipment Supl (Manufacturing) industry for day-to-day tasks and operations.

  • Card embossers
  • Card printers
  • Card readers
  • Magnetic stripe encoders
  • Laminators
  • Die cutters
  • Hot stamping machines
  • UV printers
  • Card counters
  • Card collators
  • Card inspection machines
  • Card punching machines
  • Card laminating machines
  • Card encoding machines
  • Card personalization machines
  • Card verification machines
  • Card embossing machines
  • Card hologram applicators
  • Card adhesive applicators
  • Card packaging machines

Industry Examples of Credit Card/Other Plans Equipment Supl (Manufacturing)

Common products and services typical of NAICS Code 326113-03, illustrating the main business activities and contributions to the market.

  • Credit card equipment
  • Payment plan equipment
  • Card embossing supplies
  • Card printing supplies
  • Magnetic stripe supplies
  • Blank cards
  • Card readers
  • Card personalization equipment
  • Card verification equipment
  • Card packaging supplies

Certifications, Compliance and Licenses for NAICS Code 326113-03 - Credit Card/Other Plans Equipment Supl (Manufacturing)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
  • UL Certification: This certification ensures that the company's products meet safety standards set by Underwriters Laboratories (UL).
  • FCC Certification: This certification is required for companies that manufacture electronic equipment that emits radio frequency energy. It is provided by the Federal Communications Commission (FCC).
  • Rohs Compliance: This regulation restricts the use of certain hazardous substances in electrical and electronic equipment. It is required for companies that manufacture electronic equipment.
  • CE Marking: This certification indicates that the company's products meet health, safety, and environmental protection standards for products sold within the European Economic Area (EEA). It is provided by the European Union (EU).

History

A concise historical narrative of NAICS Code 326113-03 covering global milestones and recent developments within the United States.

  • The Credit Card/Other Plans Equipment Supl (Manufacturing) industry has a long history dating back to the early 1950s when the first credit card was introduced by Diners Club. The industry has since grown to include a wide range of equipment and supplies used in the production and processing of credit cards and other payment plans. Notable advancements in the industry include the introduction of magnetic stripe technology in the 1970s, which allowed for more secure and efficient payment processing. In recent years, the industry has seen a shift towards contactless payment methods, with the introduction of technologies such as near-field communication (NFC) and mobile payments. In the United States, the industry has been shaped by the growth of the financial services sector and the increasing use of credit cards and other payment plans by consumers. The industry has also been impacted by changing regulations and consumer preferences, with a focus on security and convenience driving innovation in the industry.

Future Outlook for Credit Card/Other Plans Equipment Supl (Manufacturing)

The anticipated future trajectory of the NAICS 326113-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Credit Card/Other Plans Equipment Supl (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for credit cards and other payment plans. The rise of e-commerce and online transactions has also contributed to the growth of the industry. The industry is expected to continue to innovate and develop new products to meet the changing needs of consumers. However, the industry may face challenges such as increased competition and changing regulations. Overall, the industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 326113-03

Recent groundbreaking advancements and milestones in the Credit Card/Other Plans Equipment Supl (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Contactless Payment Technology: This innovation allows consumers to make payments without having to physically swipe or insert their credit card. Instead, they can simply tap their card or mobile device on a payment terminal. This technology has become increasingly popular in recent years and is expected to continue to grow in popularity.
  • Biometric Authentication: This innovation uses biometric data such as fingerprints or facial recognition to authenticate payments. This technology is becoming more common in the industry and is expected to become even more widespread in the future.
  • Mobile Payment Apps: These apps allow consumers to make payments using their mobile devices. They have become increasingly popular in recent years and are expected to continue to grow in popularity.
  • EMV Chip Technology: This technology uses a microchip embedded in credit cards to provide increased security and reduce fraud. It has become the standard in the industry and is expected to continue to be widely used.
  • Wearable Payment Devices: These devices, such as smartwatches or fitness trackers, allow consumers to make payments without having to carry a physical credit card. They are a relatively new innovation in the industry but are expected to become more common in the future.

NAICS Code 326113-03 - Credit Card/Other Plans Equipment Supl (Manufacturing)

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