Market Overview

IDEMIA is the First Certified Card Manufacturer in India for Contactless RuPay Chip Cards, with the Facility to Load Multiple Payment Applications on a Single Card

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IDEMIA today announced that it is the first and, to date, only one to
be certified to manufacture and personalise RuPay chip contact and
contactless cards, on the qSPARC v2 platform.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180730005268/en/

(Photo: Business Wire)

(Photo: Business Wire)

qSPARC is a Dual Interface Open loop payment specification, with the
option of loading multiple payment applications on a single card.
This
certification is issued by NPCI, after testing all payment scenarios and
thus ensuring that, the cards manufactured by IDEMIA will work
seamlessly at all payment acceptance devices.

The cardholders get the convenience of using a single card for multiple
payment use cases such as; Metro, Bus, toll, loyalty, Parking and
payments at retail. There is an option of loading up to 20 such payment
applications on a single card.

The qSPARC is likely to steer the National Common Mobility Card (NCMC)
and will be widely used in the Smart Cities. The first version of this
card is deployed in Kochi Metro, Bangalore Bus Transport, Ahmedabad
Smart City and will soon be delivered to prospective customers in
Nagpur, Noida Metro and Navi Mumbai bus transport ticketing.

As of now, more than 1.5 million cards have been issued.

"This certification recognizes IDEMIA's commitment to continually
invest in the development of technologies for enhancing and securing the
payment experience for Indians and establishes once again our leadership
in this space"
, said Sanjeev Shriya, Regional President for IDEMIA's
activities in India. "This qSPARC certification will increase the
usability of bank issued cards with an enhanced value proposition for
all stakeholders".

About IDEMIA
OT-Morpho is now IDEMIA, the global leader in
Augmented Identity for an increasingly digital world, with the ambition
to empower citizens and consumers alike to interact, pay, connect,
travel and vote in ways that are now possible in a connected environment.

Securing our identity has become mission critical in the world we live
in today. By standing for Augmented Identity, we reinvent the way we
think, produce, use and protect this asset, whether for individuals or
for objects. We ensure privacy and trust as well as guarantee secure,
authenticated and verifiable transactions for international clients from
Financial, Telecom, Identity, Public Security and IoT sectors.

OT (Oberthur Technologies) and Safran Identity & Security (Morpho) have
joined forces to form IDEMIA. With close to $3 billion in revenues and
14,000 employees around the world, IDEMIA serves clients in 180
countries.

For more information, visit www.idemia.com
/ Follow @IdemiaGroup
on Twitter

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