- Wed, 04 Jun 2025 3 Min Read
TOPPAN Security Strengthens Market Leadership in Asia with Acquisition of dzcard Group
DUBAI, UAE, June 4, 2025 -- TOPPAN Security, a global leader in secure identity and payment solutions, announced that it has entered into a definitive agreement to acquire dzcard Group, a prominent provider of smart card solutions and personalization services across Asia and Africa. This strategic acquisition immediately positions the TOPPAN Group as the clear leader in the Asian payment card market.
The acquisition significantly expands the company's footprint by doubling its banking cards manufacturing capacity and its network of personalization centers. Building on its established presence in the Middle East, Africa, Latin America, and Europe, TOPPAN Security will now offer localized banking card services to clients in high-growth markets including Thailand, the Philippines, Malaysia, India, Morocco, and East Africa. With a significant youth demographic, these nations are actively investing in modern, secure payment infrastructure and financial inclusion initiatives, making them key strategic regions.