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Datacard announces strategic partnership with DeviceFidelity

The partnership will enable Datacard Group to offer DeviceFidelity's In2Pay suite of solutions which use microSD technology to transform smartphones into interactive contactless mobile payment devices.

Banktech India News Network, 2/6/2012 11:43:25 PM

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Secure ID and card personalization solutions provider Datacard Group has announced an equity investment and strategic partnership with DeviceFidelity a company that develops Near Field Communications (NFC) based plug-and-play technologies, services and payment applications for mobile devices worldwide.

This partnership is said to enable Datacard Group to offer DeviceFidelity's In2Pay suite of solutions which use microSD technology to transform smartphones into interactive contactless mobile payment devices.  According to a release issued by Datacard, financial institutions and wireless carriers will now be able to easily issue consumers a credit, debit, prepaid or multi-account mobile wallet that can be used at contactless point-of-sale terminals.

DeviceFidelity's patented In2Pay solution includes microSD cards, as well as the iCaisse—which is a microSD-enabled protective case for iPhones—that enable issuers to offer a variety of mobile payment solutions, giving consumers the flexibility to use their existing smartphone without having to change mobile phone providers or upgrade the device. The technology also fits with advanced multi-partner wallet programs that have a trusted service manager (TSM) infrastructure, and can be deployed independently from handset makers and telecom operators. In addition, it is fully compliant with payment networks - making it market ready and easy to deploy.

"This partnership effectively expands on Datacard Group's integrated Secure Issuance Anywhere platform, which provides our customers the freedom to manage programs exactly the way they want. And, as NFC technology continues to be adopted throughout the world, financial institutions will have a great opportunity to capitalize on this by easily complementing their card programs without having to make major infrastructure changes to their existing processes. This enables continuity and consistency between issuing traditional plastic cards and new NFC-enabled applications,” said Russell St. John, senior vice president of global marketing for Datacard Group.

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