Contactless Smart Cards, RFID, Payment, Transit and Security

Gemalto's instant issuance solution to accelerate chip migration of Nigerian payment cards

Thursday, July 2, 2009

Gemalto has been tapped by InterSwitch, a Nigerian provider of secure electronic payment solutions, to deploy its Dexxis Instant Issuance process to speed up the country’s EMV migration of 30 million mag stripe cards.

The Gemalto solution enables InterSwitch’s 25 bank members to do on-the-spot personalization and delivery of chip cards to their customers and directly at their branches. With Dexxis Instant Issuance, banking customers leave the branch with their card in hand and can start using it immediately, compared to an average two weeks’ wait time with conventional issuance.

As part of the contract, Gemalto is supplying the software that allows InterSwitch to offer the instant issuance service to its members. [end] 

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