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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