Today, digital lending and payments ‘non-bank’ WLTH announced the launch of the WLTH Parley Ocean Card made of Parley Ocean Plastic®. These cards are exclusively available to WLTH customers based in Australia.

Developed with Giesecke+Devrient [G&D], a limited release 45,000 eco-innovative Visa cards were produced from plastic waste [primarily water bottles] that are collected, cleaned, processed, and manufactured into plastic sheets which G+D then uses to construct payment cards.

All layers in the card body made of Parley Ocean Plastic® contain 80% of recycled plastic as an alternative to virgin PVC (polyvinylchloride). The external overlays are made from recycled PET (polyethylene terephthalate), and the remaining layers (75%)  of the card are from upcycled marine debris collected from the global coastlines and communities.

WLTH customers will be able to directly access their personal mortgage offset accounts through the card making their day-to-day life easier.

“For us, this card is not only the solution, but it’s also a symbolic strategy. We have a hundred percent eco and sustainable card – from the packaging, to the envelope, to even the glues being plastic-free, and of course to the card itself and the design,” said WLTH CEO and Co-founder Brodie Haupt. “Our customers are becoming more socially conscious and we are empowering them to be more involved in protecting the environment.”

Full Article: Australian Fintech