Tools commonly used in the Plastic Cards(credit Gift Etc) (Wholesale) (Manufacturing) industry for day-to-day tasks and operations.

• PVC card printer
• Magnetic stripe encoder
• Embosser
• Laminator
• Die cutter
• Card punch
• UV printer
• Hot stamping machine
• RFID encoder
• Card holder punch

Common products and services typical of NAICS Code 423420-38, illustrating the main business activities and contributions to the market.

• Credit cards
• Gift cards
• Loyalty cards
• Membership cards
• Access control cards
• ID cards
• Key cards
• Prepaid cards
• Phone cards
• Gaming cards

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

• PCI DSS: The Payment Card Industry Data Security Standard is a set of security standards designed to ensure that all companies that accept, process, store or transmit credit card information maintain a secure environment. The standard is maintained by the Payment Card Industry Security Standards Council.
• ISO 7810:2019: This standard specifies the physical characteristics of identification cards, including plastic cards used for financial transactions.
• ISO/IEC 14443: This standard specifies the proximity card used for identification, financial transactions, and other applications.
• UL 94: This standard is used to test the flammability of plastic materials used in parts of devices and appliances.
• ANSI/PLASTICS B151.1-2017: This standard is used to evaluate the safety of plastic processing machinery.

A concise historical narrative of NAICS Code 423420-38 covering global milestones and recent developments within the United States.

• The plastic card industry has come a long way since its inception in the 1950s. The first plastic card was a Diners Club card, which was introduced in 1950 and was made of cardboard. In 1959, American Express introduced the first plastic card, which was made of PVC. The first credit card with a magnetic stripe was introduced in the 1960s, and in the 1970s, the first debit card was introduced. The 1980s saw the introduction of smart cards, which had a microprocessor chip embedded in them. In recent years, the industry has seen the introduction of contactless cards, which use radio-frequency identification (RFID) technology to enable payments without the need for physical contact between the card and the payment terminal. In the United States, the plastic card industry has seen significant growth in recent years. According to a report by the Nilson Report, the total number of credit, debit, and prepaid cards in circulation in the United States reached 6.96 billion in 2019, up from 6.48 billion in 2015. The report also found that the total purchase volume of these cards reached $7.11 trillion in 2019, up from $5.65 trillion in 2015. The growth of e-commerce and the increasing popularity of contactless payments have been major drivers of growth in the industry. In addition, the industry has seen the introduction of new types of cards, such as virtual cards and mobile wallets, which have further expanded the market.

The anticipated future trajectory of the NAICS 423420-38 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Plastic Cards(credit Gift Etc) (Wholesale) (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for plastic cards in various sectors such as banking, retail, and healthcare. The rise of e-commerce and online transactions is also expected to drive the growth of the industry. Additionally, the increasing popularity of gift cards and loyalty programs is expected to boost the demand for plastic cards. However, the industry may face challenges such as the increasing competition from digital payment methods and the rising concerns over environmental sustainability. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Plastic Cards(credit Gift Etc) (Wholesale) (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

• Contactless Payment Cards: These cards use near-field communication (NFC) technology to enable contactless payments, making transactions faster and more convenient for customers.
• Biodegradable Plastic Cards: These cards are made from biodegradable materials and are environmentally friendly, addressing the concerns over plastic waste.
• Smart Cards: These cards have an embedded microchip that can store and process data, providing enhanced security and functionality.
• Customized Gift Cards: These cards can be personalized with custom designs and messages, making them a popular choice for gift-giving.
• Mobile Wallet Integration: Plastic card providers are integrating their services with mobile wallets, allowing customers to use their plastic cards through their mobile devices.