📋 Tender Overview
IDEX Biometrics and Toppan Gravity, a wholly-owned subsidiary of the Toppan Group and a leading solutions provider in the secure payment and identity industries, are introducing biometric cards equipped with the advanced IDEX Pay fingerprint authentication payment solution.
Toppan Gravity and IDEX Biometrics are responding to the growing demand for trusted and user-friendly payment solutions. Securing an annual production surpassing 30 million payment cards, Toppan Gravity serves over 500 banks, governments, and corporations worldwide. Biometric smart cards will enhance Toppan Gravity’s banking and identity offerings, bringing biometric smart cards to the Middle East, Africa, and Latin America. An initial order for IDEX Pay has been placed, with the cards anticipated to reach the market by the first quarter of 2024.
“We are committed to meeting the growing global demand for biometric payment cards. By harnessing the power of the IDEX Biometrics state-of-the-art technology platform, we are poised to redefine payment convenience,” says Michael Hraschan, Head of Payments at Toppan Gravity. “This partnership marks an exciting chapter as we collaborate to advance secure payments and digital authentication, reinforcing our commitment to driving innovation in the ever-evolving landscape of financial technology.”
“Toppan Gravity with its strong offering across products and solutions for government agencies, financial institutions, telecom operators, and retailers is well positioned to accelerate the expansion of biometric smart cards,” says Catharina Eklof, Chief Commercial Officer at IDEX Biometrics. “We are excited to collaborate with Toppan Gravity, empowering markets worldwide with secure payments and digital authentication.”
