Zwipe and Watchdata partner to produce biometric payment cards and wearables for multiple regions
Zwipe has partnered with smartcard manufacturer Watchdata Technologies to develop and launch contactless biometric payment cards and wearables for banks in multiple regions, according to a company announcement.
Biometric payment cards are the first project under the agreement, with Zwipe providing key components and technical guidance.
“Partnering with Zwipe to develop the next generation contactless experience aligns strongly with our mission of continuous innovation. Biometric capabilities uniquely combine convenience with security and safety, uplifting card payments’ experience to completely new levels. Integrating Zwipe Pay ONE into our smart card program will be key to competing and securing future business in this fast-emerging segment.” says Nicole Guo, Product Manager of Watchdata.
Watchdata Technologies is based in Beijing with international in Singapore, and serves 80 million banking customers in more than 70 countries. Watchdata has extensive operations in China, France, Russia, Brazil, India, Indonesia, South Korea and Mexico, according to the announcement, and the company is certified to produce cards for Visa, Mastercard and China UnionPay.
“In China faster checkout in retail is cited as the number one priority for consumers. We are proud to partner with Watchdata, a fast-moving, innovative and global organization representing significant volume potential in many countries globally for the Zwipe Pay ONE platform,” explains Zwipe CEO André Løvestam. “Together, we will develop and roll-out the next generation contactless experience through cards and wearables, addressing the security, safety and privacy needs of consumers worldwide.”
Løvestam explained the changing dynamics of both customer demand and card manufacturing cost in a recent online conference presentation, and Zwipe has been partnering up with manufacturers, including Toppan Forms, which resulted in a manufacturing order for cards with the Zwipe ONE platform earlier this month. Idex Biometrics provides integrated fingerprint sensors for Zwipe ONE.