Dynamics, the Pittsburgh-area maker of high-tech credit cards, just bought new local headquarters, VentureBeat reports.
Dynamics CEO Jeff Mullen said in a release that the new property is a “world-class consumer electronics production facility” and will help bring more Dynamics cards to mass market.
“This facility gives Dynamics the capacity to scale to this demand and produce tens of millions of these next-generation payment cards per month -- a capacity that rivals even the largest consumer electronics manufacturers,” Mullen said.
The company is currently moving its proprietary production machinery to the new facility. Dynamics stated it is also setting aside parts of the facility for credit card personalization; this means the distinctive Dynamics cards will be branded with the Visa, MasterCard and American Express marks for card issuers.
Original source: VentureBeat
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