How to manage expired payment cards: security and sustainability

The importance of payment cards in our life

Credit and debit cards are essential instruments in our daily transactions. Not only do they simplify the way we manage our payments, but they also provide us with a secure alternative to carrying money without the need for cash.

Protocol for the disposal of expired cards

When a card reaches the end of its useful life, it is crucial to handle it with care. According to banking regulations, it is necessary to return the old one to the issuing entity or, if this is not possible, destroy it so that the personal information is completely inaccessible.

Secure card destruction

An effective method of removing cards is to cut them into small pieces with scissors. It is essential to ensure that areas with sensitive data, such as the card number and CVV, are properly cut off. Some shredders also have specific options for cards.

Proper recycling of payment cards

Payment cards are mainly made of PVC, a plastic that, combined with other materials, turns them into e-waste. Therefore, they should not be thrown away with the common waste or in conventional recycling containers.

Options for correct card management

The best option is to take them to a clean point for proper management. In addition, some banks offer the collection service of expired cards to ensure their recycling and destruction.

Sustainable initiatives in the banking sector

Several financial institutions have begun implementing programs to reuse materials from expired cards, transforming them into new products such as street furniture. In addition, there is an increase in the issuance of cards made from more sustainable materials.

Updating data in subscription services

When obtaining a new card, it is essential to update the payment information in all services where the previous one was used. This will avoid interruptions in subscription services such as streaming platforms or data storage.

Commitment to safety and the environment

Properly managing expired credit and debit cards is not only a personal responsibility, but also an act of care for the environment. By following the right advice, you not only protect your personal information, but also contribute to the sustainability of the planet.

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