18 July 2018
Visit www.gemalto.com

Balkans to test pre-paid smart cards for cross-border Internet transactions

03 January 2003  |  5970 views  |  0 Balkans to test pre-paid smart cards for cross-border Internet transactions

Mellon Technologies of Greece has licensed Proton World's Prisma smart card technology for the Balcard project which aims to develop pre-paid smart cards for secure cross-border low-value Internet transactions in the Balkan region.

Mellon Technolgies, which heads the EU-funded Balcard consortium, will act as project coordinator for participating issuers, including Eurobank Cards of Greece, Bulgarian Post Bank, JCC Payment Systems from Cyprus and Bank Post of Romania.

Stefanos Karapetsis, executive director of Mellon Group, comments: "In Balcard we intend to demonstrate that prepaid smart cards can provide a secure means of payment to those Internet users that do not have a credit card or a bank account."

Borica, Bulgaria's national card payment operator, will be responsible for installation and customisation of test sites in Bulgaria, Greece, Cyprus and Romania.

French card manufacturer SchlumbergerSema will supply the Proton Prismera cards, which also contain an EMV Plus credit/debit application, data file manager and CEPS e-purse system.

A pilot scheme is due to be launched in Q2 2003 in Greece and Bulgaria.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news


Related blogs

Create a blog about this story (membership required)
Visit info.nice.comVisit https://secure.vasco.comVisit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
Metro Bank opens developer portalMetro Bank opens developer portal
9781 views comments | 5 tweets | 14 linkedin
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
9533 views comments | 3 tweets | 7 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9329 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
8550 views 19 comments | 14 tweets | 30 linkedin
Citi to streamline corporate receivables with HighRadiusCiti to streamline corporate receivables w...
8026 views comments | 1 tweets | 5 linkedin

Featured job

Find your next job