OT integrates Quick Electronic Purse in Austria

Source: Oberthur Technologies

Oberthur Technologies (OT), a leading global provider of embedded security software products, services and solutions today announced the strengthening of its portfolio for the Austrian debit market by providing rechargeable debit cards integrating the Quick Electronic Purse loaded on OT’s latest contact and contactless cards.

 This Austria-wide electronic purse service enables cashless micro payments at small retailers and vending machines. The card is inserted into a terminal or can be waved in front of it, if it is contactless. Then the customer confirms its purchase by pushing a button on the keypad. No need for a PIN code or signature.

In this project, OT provides its multi-applicative and contactless debit card, running the Quick application. This card enables cardholders to make micro payments, but can also feature other functionalities such as loyalty, transport and access control.

“At OT, we are delighted to have been selected by Payment Service Austria to provide our multi-applicative debit card embedding the Quick e-purse application. Thanks to OT’s technology, cardholders in Austria will enjoy micro payments in a secure, convenient and quick way” said Eric Duforest Managing Director of the Financial Services Institutions Business at OT.

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