Oberthur Launches MoneytIC OneSMART PayPass Mchip

Thursday 18 November 2004 14:45 CET | News

Oberthur Card Systems has launched the MoneytIC PayPass Mchip, this new product, compliant with MasterCard OneSMART PayPass specifications, is a dual interface (contact and contactless) smartcard that enables cardholders to pay at EMV-compliant terminals.

In contactless mode, MoneytIC OneSMART PayPass enables quick, convenient and highly secure payments in locations such as in quick-serve restaurants, gas stations and toll roads. Dedicated to the worldwide market of EMV cards, this new product comes with optional features such as online authentication and loyalty. Bringing the best in terms of multi-applicative smartcards, MoneytIC OneSMART PayPass enables every issuer to offer scalable packages to the widest range of cardholders. By allowing financial institutions to fine-tune their cardholder segmentation, they eventually increase customer’ loyalty and generate widespread use of the payment card. Oberthur OneSMART PayPass cards have been successfully tested on Ingenico terminals and both companies plan to strengthen their collaboration to address upcoming OneSMART PayPass opportunities.

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Categories: Payments & Commerce | Cards
Countries: World
This article is part of category

Payments & Commerce