Maya plans to switch all newly produced prepaid cards to recycled materials by the end of the year. The goal is to cut down on virgin plastic while keeping the same secure and reliable payment experience.
The rollout covers Maya-issued prepaid Mastercard and Visa cards, which can be used for ATM withdrawals and purchases at over 150 million merchant locations worldwide. Each new card will carry a “Made from 100% Recycled Plastic” mark on the back, showing the shift while keeping durability and functionality intact.
Shailesh Baidwan, Group President and Co-Founder of Maya Bank, said the move brings sustainability into everyday products. “By transitioning our card portfolio to recycled plastic, we’re integrating more responsible practices into products used by our customers every day. It reflects our belief that sustainability should be embedded into how we build and grow our business.”
The change is part of Maya’s broader goals in sustainability, which focus on financial inclusion, responsible innovation, customer trust, employee wellbeing, and environmental stewardship.
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By year-end, Maya aims to make recycled materials standard across its card lineup.
