Zwipe partners with Allcard to launch biometric payment cards in the Philippines
Zwipe has partnered with Philippines-based payment card manufacturer Allcard Inc. to launch battery-less dual-interface biometric payment cards with customers in the region.
According to the announcement, Allcard is the only end-to-end card solutions provider in the Philippines with a wholly-owned local card production facility and is also a Mastercard and Visa accredited local card producer. The company offers total card solutions includinig hosting and licensing card management systems, applications for card and mobile payments, point of sale, loyalty and fraud management services.
“We are excited to announce this collaboration with Zwipe as we believe the future of payment cards in the Philippines will be biometric,” said Allcard CEO Allieta Cue. “(W)e are confident that our product portfolio will be significantly strengthened by integrating Zwipe’s unique technology platform as our customers, the biggest banks in the country, are keen to put a more secure method of payment in the hands of consumers.”
“We are proud that Allcard has selected Zwipe as their partner for biometric payment card technology,” added Zwipe CEO Andre Løvestam. “Working together we will seek to secure the first trials in the Philippines with leading banks in Q1 of 2019, and with the sheer scale of the opportunity, we are optimistic that commercial orders will come in H2 2019.”
Zwipe recently announced it has developed a way to reduce the power consumption of its dual interface biometric payment card by 70 percent while also reducing cost.