Oberthur Technologies has announced that the company will be supplying its smart prepaid solutions to Buy Way in Belgium. According to the agreement, the company will be supplying its solutions such as .EMV card, PIN issuance and secure packaging technologies.
As Buy Way is looking to market its MasterCard (News - Alert) Prepaid card in a big way, the company considers Oberthur Technologies an important partner. Oberthur has been active in the prepaid market for years, and the company sells a combination of PIN mailers, EMV prepaid technology, and a special tamper evident package for retail distribution.
With this partnership, Buy Way will look to introduce the EMV prepaid card program using Oberthur Technologies’ advanced solutions for prepaid cards.
These solutions are available to anyone above 18 years old. Sold in a huge number of points of sale in Belgium, and with the help of its committed website, The Buy Way MasterCard Prepaid card is an anonymous and reloadable card.
Combining security, flexibility and ease of use, the card offers an efficient payment vehicle.
“The prepaid market is growing in Europe. This promising market offers new opportunities for issuers to target new customers and expand their card programs” said Eric Duforest, managing director Europe at Oberthur Technologies. “By delivering the Buy Way MasterCard Prepaid card, Oberthur Technologies reinforces its position as a leading prepaid solutions provider.”
Recently, the company announced that the Sesames Jury selected Oberthur Technologies as a winner in the Mobility category for its Multi-brand NFC Payment Wallet. The Sesames Awards are given by the Cartes and Identification exhibition in France. Apart from representing an unchallenged seal of approval, they identify and honor smart card industry players for their products and services.
This year, 475 submissions from more than 120 companies were vying to win 11 Awards.
Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO Miami 2013, Jan 29- Feb. 1 in Miami, Florida. Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.
Edited by Braden Becker