The combination of Aconiteâs unique FastTrack EMV migration solutions and the expert knowledge of GÃªnia Tecnologia will enable issuers to rapidly and cost effectively process EMV transactions and dynamically manage cardholdersâ credit risk through advanced post-issuance scripting.
In addition, Aconiteâs Smart PrePaid application enables banks and other organisations to rapidly deploy issuing and acquiring capabilities in the lucrative low value transaction pre-payment space, using contactless chip cards in markets such as transport and retail.
Patrick Regester, EVP Sales and Marketing at Aconite said, âWe are delighted to be working with GÃªnia Tecnologia. The combined strength of GÃªniaâs extensive knowledge of the Brazilian market and Aconiteâs expertise in EMV migration and prepaid and contactless applications places us in an ideal position to meet the demands of Brazilian card issuers who are faced with the challenges of EMV migration or who are looking to exploit new revenue opportunities from smart cardsâ.
Commenting on their new partnership, Fernando Maia, CEO at GÃªnia Tecnologia said, âOur partnership with Aconite is a perfect match for us considering our deep knowledge of the Brazilian cards processing market and AconiteÂ´s expertise in EMV technology. I foresee great successes for both companies as we work with Brazilian banks and card issuers to overcome the challenges of EMV implementation.â