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- Zwipe And K2 To Deliver Biometric Payment Cards To Banks In The MEA Region And France
Zwipe and K2 to deliver Biometric Payment Cards to Banks in the MEA Region and France
19 Jan 2022 08:30 CET
Utsteder
Zwipe AS
OSLO, NORWAY and PARIS, FRANCE - 19 January 2022 -?Biometric fintech company
Zwipe and K2 sas, an affiliate of Cards Systems Group (CSG) and a leading
provider of payment card personalization solutions in the Middle East and Africa
(MEA) have partnered to address the growing demand for biometric payment
solutions in the region. Together with CSG, the parties will bring the next
generation payment cards to the MEA region and France.
CSG is an international service and integrated solution provider for card
management systems. Founded in 2008, it operates in over 20 countries to offer
turnkey card payment and issuance solutions. The group works with major banks,
personalization bureaus and card manufacturers to ensure their delivery
readiness and provide the latest technology and security standards set by
Mastercard, Visa and regulators. Currently CSG's solutions are utilized by 100
customers and over 10 million payment cards annually.
Speaking on the partnership, Bassam Al Khatib, Chief Executive Officer of K2,
said: "Our collaboration with Zwipe will be a catalyst in accelerating the
deployment of biometric payment cards across the MEA region and France, markets
well-known to us. It is time for banks to embrace next generation contactless
cards using the cutting-edge biometric technology that Zwipe brings to the
payment marketplace and end users. We will leverage our large network of
existing bank clients to conduct multiple pilots, starting already in H1 2022,
followed by commercial launches".
Zwipe will provide K2 and CSG with technical support and services for the
implementation of Zwipe Pay biometric cards including value added services for
issuers. These cards will be manufactured and delivered by Zwipe's certified
smart card manufacturers in the region.
"K2 and CSG are very important additions in our fast-growing delivery ecosystem
and will be a key enabler for our accelerated growth in the MEA region and
France. The Group is also a highly respected brand in delivering card
personalization solutions and trusted by leading banks in the entire region. I
am confident that this partnership will lead to multiple commercial launches of
Biometric Payment Cards," said Ramzi Saboury, General Manager at Zwipe for MENA
region.
###
About K2 / Cards Systems Group
A team of EMV specialists that joined forces in 2009 to establish an aggressive
and farsighted organization. K2, an affiliate of the group, was created in 2017
to find solutions ahead of time through anticipating problems that businesses
might encounter in today's dynamic market. The group serves hundreds of
satisfied clients from eleven different countries spreading over four
continents. CSG aspire to be the partner of choice for the card business in the
Middle East and Africa region.
To learn more, visit https://www.k2ss.fr, www.cardsysa2z.com
About Zwipe
Zwipe?believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations,?industries,?and cultures to make convenience safe and secure. We
are pioneering next-generation biometric card and wearables technology for
payment and physical & logical access control and identification solutions. We
promise our customers and partners deep insight and frictionless solutions,
ensuring a seamless user experience with our innovative biometric products and
services.?Zwipe?is headquartered in Oslo, Norway, with a global presence.
To learn more, visit?zwipe.com (https://www.zwipe.com)
For further information please?contact:?André?Løvestam, CEO, +47 991
6135?info@zwipe.com (info@.zwipe.com)
More information:
Access the news on Oslo Bors NewsWeb site
551580_Zwipe_and_K2_to_deliver_Biometric_Payment_Cards_to_Banks_in_the_Middle_East_and_Africa.pdf
Kilde
Zwipe AS
Leverandør
Oslo Børs Newspoint
Company Name
ZWIPE
ISIN
NO0010721277
Ticker
ZWIPE
Marked
Euronext Growth