New partnership promotes contactless biometric payment cards in the Middle East
James Thorpe
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Fingerprint Cards AB (Fingerprints) and Technical Equipment & Supplies Company have recently confirmed a collaboration which will promote and support the adoption of contactless biometric payment cards in the Middle East.
The partnership follows a strong start to the year for Fingerprints, with its biometric sensors and software platform for biometric payment cards gaining new ground in Africa, India and now the Middle East – a key market for the company.
The biometric payment card, initially launched by Thales, embeds Fingerprints’ second-generation T-Shape module and software platform and will be commercialised and personalised by Technical Equipment & Supplies Company for the regional customers.
The technology combines extensive research and development investment with key learnings from more than 20 successful market pilots and commercial rollouts. It delivers increased performance and power efficiency, enabling the most cost-effective biometric payment cards to be produced and integrated using standard manufacturing processes.
These credentials were most recently demonstrated when the solution achieved compliance with Mastercard’s new Fingerprint Sensor Evaluation Process earlier in the year.
“Tesco (Technical Equipment & Supplies Company) is a key player supporting digital financial transformation in Jordan and the Middle East,” commented Michel Roig, President Payment & Access at Fingerprints.
“This partnership opens up new business opportunities for Fingerprints with Tesco’s loyal client base and enables us to support its mission to strengthen payment efficiency and security in the Middle East, improving the payment experience for consumers and opening up new revenue channels for banks.”
To find out more information about Fingerprints’ payment solutions, click here.
