People's Bank of Georgia and Oberthur team on contactless payments
16 June 2009 | 4286 views | 0
People's Bank of Georgia has teamed with Oberthur Technologies to launch a combined contactless Visa payWave payments and transport ticketing card in central Europe.
The Voyage Card incorporates Visa's payWave contactless payment application to enable users to make low value purchases by tapping it against specially equipped terminals.
The bank plans to issue cards to students and teachers in Georgia's capital Tbilisi, with payWave technology introduced in pharmacies, railway stations, fast-food stores, schools and universities.
The card's Mifare application will also let users purchase personalised e-tickets for use in Tbilisi's public transport system.
Frederic Chevreton, head, payment product line, card systems division, Oberthur, says: "In this important region for the payment industry, consumers will be able to take advantage of the versatility, speed and security of contactless payment, as well as the flexibility of converged payment and public transport applications."
The Voyage Card also uses Oberthur's 'hot foil stamping' card-design technique which sees part of its design stamped with holographic material.