ContactlessNews | Brazilian bank issuing contactless EMV

Tuesday, November 22, 2011

University students targeted for cards

Gemalto was chosen by Banco Santander Brasil, a financial institutions with more than 90 million customers worldwide, to deploy a contactless EMV payment system in Brazil.

Santander Universities Global Division, responsible for the project, expects to issue thousands of contactless payment cards to Brazilian university students over the next 12 months. This innovation represents the evolution of the University Smart Card, which is already widespread in 12 countries, in more than 200 universities and with 5 million users.  

Besides the speed of contactless payments, students in Brazil will continue enjoying the features of the university smart cards they already have. These features include EMV security, digital ID, strong authentication and access to university facilities, as well as public transportation in some universities.    

Santander is one of the first banks in Brazil to issue personalized contactless EMV cards, which are produced in the country. In addition, it is positioning itself for the expansion of more advanced payment programs, such as through cell phones using NFC contactless technology.   

HSBC starts roll out of contactless bank cards

HSBC announced that it will begin the conversion to contactless technology this month, replacing all customer banking debit cards, according to ThinkMoney.com.

The bank will start to roll out the new contactless cards to existing customers whose debit cards are due to expire this month and then continue the process as cards expire. Customers who don’t want a contactless card can opt out by contacting their bank before their current card expires.

Denizbank joins Cep-T Cuzdan NFC payments platform

Denizbank, a private bank with 588 branches in Turkey, has joined Turkcell’s Cep-T Cuzdan platform, enabling its customers to make contactless payments with their NFC-enabled handsets.

OTI to deliver 30,000 NFC readers in the U.S.

On Track Innovations (OTI) has received an order for 30,000 of its NFC and contactless payment readers for deployment in the U.S.

OTI did not reveal who will receive the readers, but assured that the devices would be used to support the migration towards contactless payments and NFC in the U.S.

No more carrying cash around at Wireless Festival

Barclays Bank PLC announced that the Barclaycard Wireless Festival 2012 is to be fully contactless enabled, giving attendees the ability to enjoy the experience without having to carry cash.

Comments