Gemalto (Euronext NL0000400653 GTO), a world leader in digital security, announces the availability of an approved EMV application which will be deployed by Diners Club Spain during 2012.
Gemalto is providing Diners Club Spain with consulting and personalization services, in addition to Dynamic Data Authentication (DDA) payment cards that are compliant with the Discover Financial Services D-Payment Application Specification (D-PAS). DDA is a highly secure authentication technology whereby the smart card chip creates a unique signature for each transaction that allows banks to authorize transactions more securely. With the addition of Diners Club, Gemalto now supplies EMV solutions to all international payment associations, providing a complete portfolio of secure payment applications.
Diners Club International, part of Discover Financial Services, is a global payments network with acceptance in more than 185 countries. Gemalto now supports Diners Club issuers worldwide in their EMV migration projects with smart banking cards and the associated issuance services. Diners Club cardholders will benefit from increased security for their financial transactions and a more convenient payment option when traveling internationally.
"We strive to provide services and support that go far beyond transactions," commented Javier Turégano Llano, Director of Operations and Systems, Diners Club Spain. "The Gemalto solution adds the security and convenience of EMV to our portfolio, as part of our continuous commitment to maintain the standard of excellence our customers expect from Diners Club."
"Gemalto's global footprint and strong network of service centers on all five continents are key assets to support Diners Club EMV issuance", added Philippe Cambriel, Executive Vice-President at Gemalto. "Our ambition is to anticipate the technological moves of international payment associations and to deliver on our promise to provide the right product at the right time."