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Gemplus certified to support Visa and MasterCard |
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Leadership position in smart cards strengthened
A single card for multiple secure applications including debit/credit payments.
Gemplus, the world's number one provider of smart card solutions, has announced that Secur-Card Gemplus (SCG) in Singapore has been certified to manufacture and personalise EMV smart cards for Visa and MasterCard International.
EMV is a smart card standard that was created in 1996 and developed by Europay, MasterCard and Visa. It is recognised internationally, guaranteeing security and operations worldwide.
"SCG's latest achievement will further strengthen Gemplus' position in smart cards and ensures the quick rollout of EMV smart cards across Asia Pacific for Visa and MasterCard member banks and payment associates which are migrating from the traditional magnetic stripe card to the new industry standard," said Mr Steven Yap, Executive Director of SCG.
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"This programme has been a year in development and we are prepared to provide a complete solution, right from card manufacturing to meeting each member banks' personalisation needs," he added.
Mr Bruce Mansfield, Regional head of Chip Implementation at Visa Asia Pacific, was delighted with SCG's certification for EMV card manufacture and personalisation in South-east Asia.
The EMV-based smart card system stores data securely in the on-board chip, meaning faster processing, while lowering risk of fraud and card management costs.
Customers will be able to use a single card for multiple secure applications including debit/credit payments, loyalty schemes, e-purse and home banking. |
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