The first bank to launch dual Interface payment cards in Sweden is underway. Oberthur Technologies (OT) and ICA Banken will distribute 500,000 cards to ICA Banken customers in the coming months.
This is a major breakthrough in the Swedish payment market as customers will be able to experience contactless payments with fast and secure transactions.
The Swedish group will take advantage of OT’s expertise in Dual Interface NFC migrations and capacity to produce and personalize locally a large number of cards in a limited period of time.
ICA Banken’s new contactless payment cards are equipped with OT´s proven Dual Interface platform Chrysalis Fly and OT´s colored edge “Smart Vibrant-e” to combine the security of an EMV chip interface with an attractive “look and feel” of the card.
As a subsidiary of ICA Gruppen, the leading grocery retailer in Sweden with over 1,300 stores, ICA Banken perfectly understands the need for different payment options. Their customers will be the first to benefit from contactless payment advantages: a faster checkout, more fluidity and ease of use.OT is a world leader in digital security solutions for the mobility space.
OT has always been at the heart of mobility, from the first smart cards to the latest contactless payment technologies which equip millions of smartphones. Present in the Payment, Telecommunications and Identity markets, OT offers end-to-end solutions in the Smart Transactions, Mobile Financial Services, Machine-to-Machine, Digital Identity and Transport & Access Control fields.
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