Personalization specialist FESA Card Panama has inked an EMV partnership with Morpho (Safran). Morpho has already conducted more than 40 EMV implementation projects as a consultant in Panama.
FESA Card Panama, exclusive distributor of Morpho Cards, is now able to offer services to all banks and other financial institutions in Panama, as well as personalize EMV (Europay International, MasterCard, Visa) cards for the local financial market, which is rapidly migrating to EMV payment technology.
Located in Panama City, FESA Card Panama operates the personalization bureau and commercializes the personalization services. Morpho provides FESA Card Panama with up-to-date EMV payment technology including card bodies with chips from Colombia, data preparation services, data generation services and consultancy services.
With two production facilities, FESA employs more than 180 people and reported revenues of US$12 millionin 2014. FESA is widely recognized in the financial and government sectors for its portfolio in services and technology solutions, E-Business, Scanning and RFID, Documents and Printing Services, Payment Systems and Supplies and Logistics Services. FESA CARD PANAMA is a FESA subsidiary whose business is the operation of the personalization bureau for EMV financial cards.
Headquarted in France, Morpho (Safran) is a global leader in security solutions. The Company employs more than 8,600 people in 55 countries. In 2014 we reported revenues of more than €1.5 billion, including 8% dedicated to R&D.
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