22 March 2018

OT integrates Quick Electronic Purse in Austria

09 December 2015  |  2182 views  |  0 Source: Oberthur Technologies

Oberthur Technologies (OT), a leading global provider of embedded security software products, services and solutions today announced the strengthening of its portfolio for the Austrian debit market by providing rechargeable debit cards integrating the Quick Electronic Purse loaded on OT’s latest contact and contactless cards.

 This Austria-wide electronic purse service enables cashless micro payments at small retailers and vending machines. The card is inserted into a terminal or can be waved in front of it, if it is contactless. Then the customer confirms its purchase by pushing a button on the keypad. No need for a PIN code or signature.

In this project, OT provides its multi-applicative and contactless debit card, running the Quick application. This card enables cardholders to make micro payments, but can also feature other functionalities such as loyalty, transport and access control.

“At OT, we are delighted to have been selected by Payment Service Austria to provide our multi-applicative debit card embedding the Quick e-purse application. Thanks to OT’s technology, cardholders in Austria will enjoy micro payments in a secure, convenient and quick way” said Eric Duforest Managing Director of the Financial Services Institutions Business at OT.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comRegister your place today

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
13222 views 0 | 5 tweets | 4 linkedin
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
10810 views comments | 31 tweets | 40 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
10159 views comments | 13 tweets | 31 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
10058 views comments | 12 tweets | 23 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
9690 views comments | 14 tweets | 29 linkedin

Featured job

Singapore (or Hong Kong)

Find your next job