Dubai, May 7th, 2015 (GLOBE NEWSWIRE) -– Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is gearing up for the 2015 edition of Cards & Payments Middle East– an annual event dedicated to the region’s growingpayments and smart cards market – and has engineered a rich mix of innovative solutions and live, interactive demonstrationsto present duringthe event’s two-day run, from May 12 to 13, at the Dubai International Convention & Exhibition Centre. The strong line-up will featurelatest,noteworthytechnologies such as wearable devices, mobile bankingand e-payment solutions as well as mobile government software and platformfor new-generation digital IDs. Headlining these demonstrationswill be an exclusive DubaiCard kiosk, the world’s first self-service kiosk to instantly issue payment cards, and will mark the technology’s foray into the UAE.
Powered by Gemalto’sDexxis Card Instant Issuance solution, which facilitates seamless and secure on-the-spot card issuance, the DubaiCard kiosk is set for widespread deploymentthis year; Dubai-based National Pay will install 200 kiosks across the Emirateas part of phase one of the technology’s nation-wide insertion. Unsurprisingly, this highly user-friendly, prompt-delivery hosted solution, with activation and issuance of a personalizedpayment card with a PINin under a minute, has been generating its fair share of interest in the Emirate and beyond.
Meanwhile, in line with the wearable technology revolution, which hit fever-pitch late last year and is set to compound at an annual rate of 78.4% over the next five years[*], Gemalto will also demonstrate the use of its Optelio Contactless MiniTag, facilitating ‘contactless’ transactions via wearable technology such as wristbands. Although demonstrations will centre on using these nifty wristbands to pay at shops, the Optelio Contactless MiniTag is billed as a multi-purpose solution, its uses ranging from serving as a prepaid payment devicefor transportation or as a crowd management solution at large-scale events.
“The world of financial services and payments is evolving at a brisk pace, with digital and mobile banking taking centre stage, and NFC payments following suit. New technologies and disruptive payment solutions are creating a vibrant marketplace with significant opportunities for payment innovations for both banked and unbanked markets” said Eric Claudel, President for Middle East and Africa at Gemalto. “Our solutions have the capability to support a wide range of customer demands for increasingly personalized, convenient, yet secure options, and our line-up of demos at Cards & Payments ME is designed to further validate this claim,”
Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security, with 2014 annual revenues of €2.5 billion and blue-chip customers in over 180 countries.
Gemalto helps people trust one another in an increasingly connected digital world. Billions of people want better lifestyles, smarter living environments, and the freedom to communicate, shop, travel, bank, entertain and work – anytime, everywhere – in ways that are enjoyable and safe. In this fast moving mobile and digital environment, we enable companies and administrations to offer a wide range of trusted and convenient services by securing financial transactions, mobile services, public and private clouds, eHealthcare systems, access to eGovernment services, the Internet and internet-of-things and transport ticketing systems.
Gemalto’s unique technology portfolio – from advanced cryptographic software embedded in a variety of familiar objects, to highly robust and scalable back-office platforms for authentication, encryption and digital credential management – is delivered by our world-class service teams. Our 14,000 employees operate out of 99 offices, 34 personalization and data centers, and 24 research and software development centers located in 46 countries.
For more information visit www.gemalto.com, www.justaskgemalto.com, blog.gemalto.com, or follow @gemalto on Twitter.
Gemalto media contacts:
Middle East & Africa
+33 1 55 01 57 89
GemaltoOptelio Contactless Wearable Pay Band
Source: International Data corporation (IDC)