Zwipe delivers first order of 2nd generation biometric inlay to card manufacturing customer
Zwipe has delivered the first order of its second-generation biometric inlay to one of its card manufacturing customers. According to the announcement, the order was for a few thousand units and will generate revenue of approximately half a million NOK in the third quarter of 2019.
“Zwipe’s biometric payment platform is the most widely live-tested solution in the marketplace and it has been progressively updated in terms of performance and cost,” says André Løvestam, Zwipe CEO. “We are now starting to provide our second-generation biometric platform and inlay technology to our customers. We are supporting our customers toward achieving a mass-marketable roll-out of their biometric payment cards.”
Last November Zwipe announced it had developed an inlay for biometric payment devices using 70 percent less power while also reducing cost.
In related news, Zwipe partner Inkript, a subsidiary of Resource Group, was ranked 15th worldwide in terms of total chip card shipments by The Nilson Report. Inkrip manufactures smartcards in modernized production facilities in Lebanon and KSA and is collaborating with Zwipe technically and commercially to bring biometric payment cards to the Lebanese and regional market.