Oberthur contactless sticker gets Discover certification

Source: Oberthur Technologies

Oberthur Technologies' contactless sticker product - FlyBuy Sticker-has been granted type approval by Discover Financial Services, a leading U.S. credit card issuer and global electronic payment services company.

Discover's type approval process ensures that the Discover Zip(R) contactless payment application properly operates on the FlyBuy Sticker and that it is also interoperable with Discover-certified payment terminals.

Discover's credit, debit, and prepaid issuers may now use FlyBuy Sticker for their contactless sticker programs. The approval has already prompted Discover payments acquirer, Heartland Payment Systems, to partner with Oberthur Technologies on product rollouts scheduled for early 2010.

Oberthur Technologies, the world's second largest provider of smart card-based solutions and number one contactless provider in the U.S., created the FlyBuy Sticker, a contactless payment device that can be attached to any surface including a mobile phone, PDA, MP3 player or key ring. To pay, the cardholder simply needs to place the device with the Sticker attached in front of the contactless reader. The FlyBuy Sticker can be used at any Point-of-Sale terminal accepting contactless including Discover Zip, Discover's contactless payments feature.

"The FlyBuy Sticker offers Discover card issuers a way to deliver mobile contactless payments to their customers today, said Farhan Ahmad, general manager, prepaid & director of emerging payments, Discover. "Because contactless stickers are produced using existing card fulfillment platforms, issuers can begin building the foundation for their mobile payments solution, while bringing their card to the top of wallet and capturing everyday spend".

"Oberthur is pleased to receive Discover's certification and we look forward to providing our FlyBuy Stickers to their customers," said Martin Ferenczi, Managing Director of the Americas Region for the Card Systems Division of Oberthur Technologies. "Oberthur understands the need to provide enhanced security without forgoing ease of use; and we've done that with the FlyBuy Sticker. This is a combination that end-users will welcome."

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