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Contact or dual interface is the most cost effective solution at all steps of the card production chain, incorporating the latest brand specifications, including PIN sharing and data sharing
INSIDE Secure, a leader in embedded security solutions for mobile and connected devices, today announces the availability of its new EMV-ready MicroPass solution for US contact and dual interface payment cards.
This new MicroPass solution was primarily developed for the US Payment market to foster the success of the payment card migration from magstripe to EMV chip on 2 major factors: cost and interoperability.
MicroPass has several features:
MicroPass also implements the EMV chip personalization CPS standard, which guarantees the compatibility of the product with all Personalization Service Bureaus using this standard. As immediate availability is essential for issuers, INSIDE has fully certified its products and works in advance to integrate the components to deliver the most reputable personalization system from card manufacturers Datacard and NBS.
The US EMV compliant MicroPass solution comes with six options. Three are contact only solutions and three are dual interface payment solutions (contact and contactless). The selection reflects how both online and offline transactions require debit, credit and prepaid applications. INSIDE’s MicroPass also comes with a Smart Purse application to allow loyalty schemes or wallet use along with payment applications.
“MicroPass solution has shown optimal performance in the pre-personalization and personalization processes, enhancing the alignment and co-existence of multi-application cards,” said Bernard Vian, executive vice president of the Secure Transactions Business Division at INSIDE Secure. “MicroPass combines efficiency and flexibility, to give card issuers one of the best choices for stock management and operations performance. It is highly competitive and delivers a strong and secure performance.”
The US market is now moving to EMV, which will be fully deployed by 2015, according to American Express, Discover, MasterCard and VISA. The majority of developed countries have already adopted EMV and the Micropass product family has been already selected in the Middle East, Asia and Latin America.
INSIDE's award-winning MicroPass intelligent payment platform has sold in excess of 300 million units worldwide.
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