NAICS Code 423420-38 - Plastic Cards(credit Gift Etc) (Wholesale) (Manufacturing)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 423420 - Office Equipment Merchant Wholesalers - 3,818 companies, 66,231 emails.

NAICS Code 423420-38 Description (8-Digit)

The Plastic Cards (credit Gift Etc) (Wholesale) (Manufacturing) industry involves the production and distribution of plastic cards used for various purposes such as credit cards, gift cards, loyalty cards, and more. These cards are made from PVC or other plastic materials and can be customized with magnetic stripes, barcodes, or RFID chips. The industry includes both wholesale distributors of pre-made plastic cards and manufacturers who produce custom cards according to client specifications.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423420 page

Tools

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

Industry Examples of Plastic Cards(credit Gift Etc) (Wholesale) (Manufacturing)

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

History

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.