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Garanti Bank rolls out contactless EMV cards  
Friday October 3, 2008

Gemalto has been selected by Garanti Bank in Turkey for the deployment of the bank's new 'Bonus TRINK' programme, providing a single-chip EMV contactless banking card and its Dexxis Central Issuance solution to enable in-house personalisation.

Gemalto also supplied consultancy services to assist the bank in the product specification. The agreement involves an initial order of 300,000 units, which are being deployed.

The Gemalto card features a wide range of value added applications comprising traditional EMV and contactless payment, Garanti Bank's Bonus loyalty scheme and the Mifare capability that enables e-ticketing. It allows Garanti Bank customers to enjoy the speed and convenience of contactless payment at 4,000 acceptance points and in some 20 retailer chains. These include major fast food restaurants and supermarkets all across Turkey, as well as movie theatres and entertainment centres.

In addition, Bonus TRINK cardholders may use their banking card as an e-ticket for public transportation in major Turkish cities or on shuttle boats and sea taxis across Bosphorus. They can also benefit from the Bonus loyalty programme in both contact and contactless modes.

The dual-interface Optelio Contactless card hosts both the EMV and contactless payment functionalities on the same microprocessor. It is compatible with Garanti Bank's infrastructure, and the card is able to process an EMV contactless transaction in less than 500 milliseconds.


More Info: 

http://www.gemalto.com

Sources: Gemalto; Garanti Bank

 

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