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CPI and Inside partner on open-loop payments  
Wednesday October 22, 2008

CPI Card Group and Inside Contactless have partnered to create  a contactless sticker product for open-loop (branded bank card) payments.

The stickers are based on Inside's new MicroPass payment sticker technology, which combines the flexible MicroPass 4003 contactless payment processor with a tuned RF antenna in a compact, shielded prelam for payment sticker applications.

Inside's shielding design improves performance by protecting the chip and antenna inside the sticker from interference that might be caused by the metals and radio signals within mobile phones and other electronic devices.

CPI has established a scalable operational process for producing these payment stickers based upon MicroPass prelams delivered from Inside.

The sticker devices are delivered from CPI already pre-cut from ID1 card devices and pre-personalised to allow for fulfilment using traditional card fulfilment equipment and processes.

According to Bob Clarke, vice president of sales and marketing at CPI Card Group, CPI will be delivering its first MicroPass-based payment stickers to a global leader in electronic commerce and payment services, and anticipates orders from several other leading card issuers in North America.

Clarke also noted that while the initial payment stickers will provide open-loop payment applications, CPI intends to produce stickers that combine open-loop payments with other applications, such as transit, gift cards and customer loyalty cards, as well as other closed-loop applications.


More Info: 

http://www.cpicardgroup.com

Sources: CPI Card Group; Inside Contactless

 

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