SINGAPORE – 19 April 2017, – Biometric technology company Zwipe will for the first time publicly demonstrate its dual-interface payment card in Singapore, April 19th and 20th, at Seamless Asia. The innovative payments solution is the first of its kind to fully integrate EMV compatible contact and contactless transactions. Working with existing infrastructure the ISO and EMV compliant card operates without the need for a battery, allowing end-users to make limitless contactless transactions thanks to the advanced security enabled by biometrics. All biometric information is securely encrypted only on the card and nowhere else meaning that the solution works without the need for a database.
Commenting on the progress of its payment solution, Kim Humborstad, CEO of Zwipe said “we have been working diligently to bring our biometric payment technology to market and the payment card, which we will be showcasing at Seamless Asia, will give attendees in Singapore a glimpse at what we have been demonstrating successfully behind closed doors in pilot programs over the last few months.”
Zwipe’s core technology is a payments system that is secured by biometrics and powered by near field technology. “We are not just integrating a fingerprint sensor into a traditional payment card. There are many unique components that are working seamlessly together to enable a more secure and user friendly experience with applications that go beyond cards.” commented Kim Humborstad, adding, “you do not need to sacrifice security for speed or a friendlier user experience, you can have it all.”
It is widely believed that adoption of biometric smart card applications and systems will happen this year with significant interest in Asia, Europe and North America. “From our discussions concerning the Asian marketplace with our partners in the region, we see our technology being deployed in Asia as early as this year.” commented Pascal Dufour, SVP of Payment at Zwipe, adding, “the technology is ready and our network of suppliers in the region has confirmed interest from multiple end customers.”
Seamless Asia 2017 will take place at the Suntec Convention & Exhibition Centre in Singapore. To see live demonstrations and meet Zwipe’s Payments team please visit Zwipe at booth F03.
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About Zwipe
Zwipe is a leading biometric technology company developing and commercializing secure, fast and easy to use biometric authentication solutions that function without the need for batteries or fixed power supply and external databases. Zwipe’s award-winning solutions can be implemented in a wide range of high volume applications adapted to three key areas; payment, access control and ID. Together with industry leading partners and suppliers Zwipe offers unparalleled technical performance and peace of mind for both the organization and the end-user. For more information please visit www.zwipe.com
About Seamless Asia
Seamless Asia is the key meeting place for the brave new world of commerce. It is a new event built on 20 years of experience, a seamless continuity from Asia’s largest and longest running conference focused on cards and payments, to a dynamic summit and large scale exhibition bringing together the converging worlds of ecommerce, retail and payments. For more information about Seamless please visit the link here.
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