C-SAM and Multicard have finalized a partnership to provide C-SAM's Mobile Transaction Platform (MTP) and related M-Commerce and M-Payments services to Multicard's customers in the Netherlands.
C-SAM is a pioneer in secure mobile transactions offering a range of mobile phone based financial and non-financial services for consumers to securely conduct transactions in the real and virtual environments using their existing smart and feature mobile phones and networks. The Company's patented MTP enables carriers, banks, and service providers to deliver secure mobile phone based transaction services for finance, retail, healthcare and government applications.
Multicard, a business unit of Identive Group, Inc. (NASDAQ: INVE, Frankfurt: INV), is a worldwide supplier of card solutions for secure identification programs with in-house capabilities for credential issuance, personalization and fulfillment services for the consumer, government, education, healthcare and corporate markets. Besides identification solutions, complete project implementation and project management Multicard also offers enrollment, emergency management and accreditation solutions using data capture equipment for ePassport and other government ID and corporate ID applications.
"C-SAM provides a highly scalable Mobile Wallet Management Platform, supported by a comprehensive SDK and more than 25 reference value added services, enabling large networks to create a scalable and sustainable ecosystem of providers," said Felix Marx, C-SAM's CEO. "We believe the partnership with Multicard will enable us to provide field-tested and proven technology solutions along with local delivery and support for our customers in the Netherlands."
Pieter Kooistra, Multicard's CEO said, "The partnership with C-SAM helps us to develop innovative products in a much shorter period than before. Besides faster innovation, the partnership will also enable Multicard to make a major step towards achieving future objectives in mobile transactions for finance, retail, healthcare as well as for mobile governmental applications."