Schlumberger wins National Australia Group EMV card contract
28 July 2003 | 3022 views | 0
Schlumberger Smart Cards and Terminals has won a four year contract to supply National Australia Group Europe with over 2.5 million of its e-Galleon EMV smart cards a year.
The cards will be rolled across National Australia's businesses in the UK and Ireland over the next four years. The group owns the National Irish Bank as well as Clydesdale Bank, Yorkshire Bank and Northern Bank in the UK.
Brent Skeffington from National Australia Europe, says: "The e-Galleon smart card will be a key tool in enabling us to provide a secure service to our customers."
The project marks the first time Schlumberger cards will be used to support dual currency, using pound sterling for UK transactions and euros for the Republic of Ireland.
The UK banking industry is undergoing a national migration to chip cards aimed at replacing signatures with PINs at the point-of-sale in an effort to stamp out counterfeit card crime.