Oberthur Technologies Announces Contactless Sticker Certification from Discover®
FlyBuy Sticker Now Available to Discover’s Card Issuers
Chantilly, VA Nov, 17 2009–Oberthur Technologies’ contactless sticker product–FlyBuy Sticker–has been granted type approval by Discover Financial Services, a leading U.S. credit card issuer and global electronic payment services company. Discover’s type approval process ensures that the Discover Zip® contactless payment application properly operates on the FlyBuy Sticker and that it is also interoperable with Discover-certified payment terminals.
Discover’s credit, debit, and prepaid issuers may now use FlyBuy Sticker for their contactless sticker programs. The approval has already prompted Discover payments acquirer, Heartland Payment Systems, to partner with Oberthur Technologies on product rollouts scheduled for early 2010.
Oberthur Technologies, the world’s second largest provider of smart card based solutions and number one contactless provider in the U.S., created the
FlyBuy Sticker, a contactless payment device that can be attached to any surface including a mobile phone, PDA, MP3 player or key ring. To pay, the cardholder simply needs to place the device with the Sticker attached in front of the contactless reader. The FlyBuy Sticker can be used at any Point-of-Sale terminal accepting contactless including Discover Zip, Discover’s contactless payments feature.
“The FlyBuy Sticker offers Discover card issuers a way to deliver mobile contactless payments to their customers today, said Farhan Ahmad, general manager, prepaid & director of emerging payments, Discover. “Because contactless stickers are produced using existing card fulfillment platforms, issuers can begin building the foundation for their mobile payments solution, while bringing their card to the top of wallet and capturing everyday spend”.
“Oberthur is pleased to receive Discover’s certification and we look forward to providing our FlyBuy Stickers to their customers,” said Martin Ferenczi, Managing Director of the Americas Region for the Card Systems Division of Oberthur Technologies. “Oberthur understands the need to provide enhanced security without forgoing ease of use; and we’ve done that with the FlyBuy Sticker. This is a combination that end-users will welcome.”
Discover Financial Services (NYSE: DFS) is a leading credit card issuer and electronic payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company operates the Discover card, America’s cash rewards pioneer, and offers student and personal loans, as well as savings products such as certificates of deposit and money market accounts. Its payments businesses consist of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation’s leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 185 countries and territories. For more information, visit http://www.discoverfinancial.com.
About Oberthur Technologies
With sales of 882 million Euros in 2008, Oberthur Technologies is a world leader in the field of secure technologies. Innovation and high quality services ensure Oberthur Technologies’ strong positioning in its main target markets:
Card Systems: One of the world’s leading providers of security and identification based on smart card technology and associated services for mobile, payment, transport, digital TV and convergence markets.
Identity: International player for the manufacture and personalization of secure identity documents such as passport, identity card, driving license or health care card – traditional and electronic – and associated services for both governmental and corporate markets.
Fiduciary printing: World’s third largest private security printer specialized in high security for the production of banknotes, checks and other fiduciary documents in more than fifty countries.
Cash protection: World leader in the emerging market of intelligent systems to secure cash-in-transit and ATM.
Close to its customers, Oberthur Technologies benefits from an industrial and commercial presence across all five continents.
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