Strengthening the power of collaboration: Zwipe and Infineon extend their partnership

18 JUNE 2019

Biometric technology company Zwipe and the world’s leading provider of semiconductor solutions in the payments market, Infineon Technologies AG, have extended their partnership through a long-term agreement. The cooperation is non-exclusive. The agreement outlines both technical and commercial collaboration between the two companies. The two parties will co-define and develop advanced system-on-chip solutions and related card system designs for mass deployment of biometric smart devices, including payment cards and wearables.

The cooperation is concentrating on so called “Tap and go payments” with biometric cards which are gaining in popularity. They can significantly improve the user experience without compromising on security while meeting the strong customer authentication (SCA) requirements demanded by the second Payment Service Directive (PSD2) in Europe.

Zwipe and Infineon have a long-standing relationship. Infineon’s Secure Element is now deployed in all pilot projects featuring Zwipe’s biometric payment platform, currently supporting multiple leading payment networks run by 12 major banks in various countries across Europe and the Middle East. Card manufacturers plan to certify fully biometric payment cards and make them commercially available this year.

Commenting on this partnership, André Løvestam, CEO of Zwipe, said, “We are proud to strengthen our long-standing partnership with a global technology leader such as Infineon. This collaboration further enhances our ability to commercialize our technology and IP through competitive solutions for mass-volume deployment.” Bjoern Scharfen, Head of Payment & Wearables at Infineon added, “Our collaboration and joint offering with Zwipe is a key accelerator of mass deployment in the biometric payment market.”

Working together, the two technology companies will seek to develop advanced integrated solutions optimized to the volume requirements of biometric dual-interface payment cards. The platforms being developed combine simplified card design with reduced bill of material.

Infineon Technologies | https://www.infineon.com
Zwipe | https://zwipe.com

Leave a Reply

Your email address will not be published. Required fields are marked *

  • We use your personal data ONLY to respond to your comments/requests.
  • To receive responses that are appropriate to your requests, we may transfer your email address and your name to the author of the article.
  • For more information on our Privacy Policy and Personal Data Processing, please visit the page: Privacy Policy (GDPR) & Cookies.
  • If you have any questions or concerns regarding the way we process your personal data, you can contact our Data Protection Officer at: gdpr@esp2000.ro
  • Subscribe to our magazine newsletter