FB pixel

Zwipe secures order for small scale manufacturing of biometric payment cards

Zwipe secures order for small scale manufacturing of biometric payment cards

Following an ongoing partnership with Hong Kong-based Toppan Forms Card Technologies Limited, Zwipe has secured an order for biometric payment card manufacturing, the company announced.

This is a significant milestone in the company’s business development plan to scale Zwipe Pay ONE.

“We have allocated time and space in our manufacturing facilities for producing biometric payment cards powered by Zwipe’s technology. We are excited to move ahead with Zwipe in this important project to develop the biometric payments market,” said Mr. Joseph Hui, Deputy Managing Director of Toppan Forms Card Technologies Limited, in a prepared statement.

“The APAC payments market has one of the highest growth rates in the world,” said André Løvestam, CEO of Zwipe, in a prepared statement. “We are pleased that TFCT, a payment solutions leader in this region, has decided to step up cooperation to integrate our platform in their payment cards. We look forward to working closely with TFCT to deliver safer and more secure contactless payments with the disruptive Zwipe Pay ONE platform.”

Løvestam recently predicted an increasing demand for contactless payments which will push its technology in the right direction.

In June, Zwipe appointed Bishwajit Choudhary as Executive VP Strategy & Channels to lead business development and engagement in the payment sector during the run-up to biometric payment cards commercialization.

Article Topics

 |   |   |   |   |   | 

Latest Biometrics News


Biometrics cutting the line of in-person payments innovations: Mastercard

Mastercard sees biometrics for in-store payments as a part of a broader shift towards seamless interactions of all kinds, as…


New South Wales’ government is investing millions in digital identity

New South Wales’ decentralized digital identity program is getting a cash infusion from the Premier Chris Minns’ government, which has…


Innovatrics cuts fingerprint error rate by 20%, upgrades SmartFace platform

Innovatrics has reported its best-yet scores in NIST’s fingerprint biometrics testing, and added a new feature to its facial recognition…


Canadian cruise terminal gets Pangiam face biometrics for ID verification

The Vancouver Fraser Port Authority and U.S. Customs and Border Protection (CBP) have joined forces to implement face biometrics for…


Atlantic Council stresses importance of DPI, data for stronger digital economies

The Atlantic Council has highlighted the importance of digital identity and digital public infrastructure (DPI) in birthing and growing strong,…


Sri Lanka extends bid deadline for national digital ID project

The Government of Sri Lanka has extended the deadline for the submission of bids for the procurement of a Master…


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events