Zwipe has partnered with Abu Dhabi-based NymCard to launch biometric payment cards in the Middle East and Africa.
The collaboration will accelerate the deployment of biometric payment cards in the region, according to the announcement.
NymCard focuses on smooth, transparent and agile card issuance and payment processing services through a bank-as-a-service model. The company uses modern APIs and technologies to make particularly fast implementations, Zwipe explains. NymCard’s customers include the gig economy, buy it now, pay later, youth banking, and corporate spending card providers in the MEA region, and the company is expanding in Asia and Asia. Europe.
“In our region, consumers, fintechs and payment providers are always looking for more secure and user-friendly financial services,” comments NymCard CEO and founder Omar Onsi. “We are now seeing a growing interest in biometric payment cards, as they combine world-class security with world-class convenience. Zwipe is a highly respected fintech in the biometric payments market and Zwipe Pay ONE based cards will add tremendous value to our MEA customers. “
Under the agreement, Zwipe will provide marketing support, expertise and technical advice for NymCard’s integration of Zwipe Pay ONE biometric technology into cards that will be manufactured by Zwipe Certified Partners in the region. The new partners will start working on joint issuer agreements this month.
“The interest in adopting biometric payment cards is phenomenal in the Middle East and Africa,” said Zwipe GM for EMEA Ramzi Saboury. “We are pleased to partner with NymCard, a recognized provider of banking as a service for payments innovators and fintechs. Zwipe’s biometric payment platform supports contactless payments ensuring 100% contactless and PIN-free transactions. We are convinced that this alliance will further accelerate the deployment of biometric payment cards. “
Another Zwipe Middle East partner, Inkript, recently placed a commercial order for Zwipe Pay ONE, which was also selected by an unknown “Global Tier-1” bank to run a biometric payment card pilot in Europe.
Africa | biometric cards | biometrics | contactless | fingerprint recognition | Middle East | payments | Zwipe | Zwipe Pay ONE