06:09 PM
Garanti Bank Deploys Gemalto EMV Contactless Credit Cards
Garanti Bank (Istanbul) will deploy its Bonus TRINK program using technology from digital security vendor Gemalto (Amsterdam). Gemalto is providing Garanti Bank with its single-chip EMV contactless banking cards and Dexxis Central Issuance solution that enables in-house personalization. Gemalto is also supplying consultancy services to help the bank in the product specification. The agreement involves an initial order and deployment of 300,000 units.
The Gemalto card features a wide range of value added applications comprising traditional EMV and contactless payment, Garanti Bank's Bonus loyalty scheme and the Mifare capability that enables e-ticketing. The dual-interface Optelio Contactless card hosts both the EMV and contactless payment functionalities on the same microprocessor.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio