📋 Tender Overview
Inkript a digital security solutions provider operating in the Middle East and Africa MEA region and a subsidiary of Resource Group has obtained the Letter of Approval LoA from VISA for its biometric payment card built on the Zwipe Pay platform.With this Letter of Approval LoA consumers all over the world can use biometric payment cards from Inkript built on the Zwipe Pay technology working seamlessly across Visas global payment network. This will address the strong market demand for increased security and convenience through biometric authentication.On this development Riad Itani Managing Director at Inkript said We are pleased to receive the Visa LoA allowing the issuance and deployment of our biometric cards anywhere in the world. This LoA also comes at a timely point with the strong interest from issuers in the MEA region to launch biometric payment cards based on the Zwipe Pay platform. Many banks have already signed with us and we are ready to meet their expectations across the region. This is an important milestone in our journey towards developing biometric solutions for the Fintech industry in the region thus enabling a secure and seamless user experience.Zwipe obtained its VISA Letter of Approval LoA for its Zwipe Pay platform on 24 March 2022 enabling smart card manufacturers working with Zwipe to swiftly obtain VISA certification for their own biometric payment card designs.We are pleased to see that Inkript as the first card manufacturer in the MEA region has now received the Visa LoA for their biometric cards based on the Zwipe Pay platform. Achieving this milestone has a very positive impact on the commercial rollout of Zwipe Pay enabled biometric payment cards in the region. On behalf of everyone at Zwipe I congratulate the team at Inkript on this achievement said Ramzi Saboury General Manager of Zwipe for Middle East Africa.
