IDEMIA enters the Japanese payment card industry with the launch of its first bank card
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Compliant with the JIS2 standard, IDEMIA supplies its contactless cards to the main national issuers and Fintech issuers in Japan
TOKYO – (BUSINESS WIRE) – As a global leader in augmented identity, charge card issuance and payment solutions, IDEMIA (Japanese office: Shibuya-ku, Tokyo, Vice President of Japan Sales: Nezu Nobuyoshi), today announced that it is providing dual interface credit cards to financial institutions in Japan that are JIS2 compliant and certified by Visa, JCB and other brand systems. The cards are integrated with a JIS2 standard – a surface magnetic stripe embedded on the card, to provide enhanced security and contactless payment services to end users.
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(Photo: Business Wire)
IDEMIA has supplied the dual interface contactless cards to fintech issuers such as UPSIDER, Inc, and major issuers, including Toyota Finance Corporation in Japan, to grow and scale rapidly.
“We are proud to be able to deliver our first contactless card that meets JIS2 standards. We are also proud to work with leading issuers and fintech issuers in Japan to meet the evolving needs of Japanese consumers. With its global presence and expertise in payments, IDEMIA is well positioned to support market developments and fast-growing Fintech demand. We will continue to improve the security and contactless functionality of our payment cards used by financial institutions around the world ”. said Mr. Nezu Nobuyoshi, Japan Sales Vice President, IDEMIA.
Issuers in Japan can also integrate IDEMIA’s contactless cards with IDEMIA’s portfolio of smart digital solutions, such as Smart PIN to get their card PIN issued through digital channels or Smart Instant Issuance to get their card. instantly delivered to an agency or store. Consumers can also benefit from IDEMIA Connect, which simplifies the experience of activating the card by simply tapping the card on the phone.
IDEMIA has also developed and expanded its global offerings for financial institutions, such as GREENPAY, its end-to-end sustainable portfolio for financial institutions, and the Fintech Accelerator Card Program which helps fintechs and neobanks to rapidly deploy innovative solutions from card and digital payment. around the world. .
IDEMIA, the global leader in augmented identity, provides a trusted environment for citizens and consumers to perform their daily critical activities (such as paying, connecting and traveling), in the physical and digital space. Securing our identity has become an essential mission in the world in which we live today. By representing augmented identity, an identity that guarantees confidentiality and trust and guarantees secure, authenticated and verifiable transactions, we are reinventing the way we think, produce, use and protect one of our greatest assets – our identity – whether for individuals or for objects where and when safety matters. We provide augmented identity to international clients in the finance, telecommunications, identity, public security and IoT industries. With nearly 15,000 employees worldwide, IDEMIA serves clients in 180 countries.
For more information visit www.idemia.com / Follow @IDEMIAGroup on Twitter