Zwipe Pay ONE platform selected by VOPY for its biometric payment cards

Monday 8 February 2021 11:01 CET | News

Zwipe’s biometric payment platform, Zwipe Pay ONE, has been selected by Sweden-based fintech Vopy, a provider of embedded financial services for telecom and financial institutions.

Vopy will issue biometric payment cards powered by Zwipe Pay ONE and delivered by card suppliers in Zwipe’s network. In the first phase of collaboration, Vopy aims to launch a pilot in Q3 2021, and if the outcome from the pilot is positive, the company planns an initial rollout from Q4 2021, starting with 100.000 biometric payment cards by the end of this year and 500.000 cards in 2022.

Being a fintech specialising in embedding cross-border transfers, payments, insurance, and banking services through selected social media platforms and mobile apps, Vopy enables its partners to scale their financial services globally with efficiency, lower costs and agility. Zwipe Pay ONE is a mass-market viable platform for biometric payment cards. An on-card fingerprint authentication of the cardholder eliminates the need to touch a payment terminal, even for high-value transactions, ensuring a safe and hygienic in-store payment experience.

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Keywords: VOPY, Zwipe Pay ONE, Zwipe, biometrics, payment cards, partnership, Sweden, financial services, financial institutions
Categories: Payments & Commerce
Countries: Sweden
This article is part of category

Payments & Commerce