|[May 07, 2014]
INSIDE Secure Launches New EMV-ready MicroPass Solution for US Payment Cards
AIX-EN-PROVENCE, France --(Business Wire)--
INSIDE Secure, a leader in embedded security solutions for mobile and
connected devices, today announced the availability of its new EMV-ready
MicroPass® solution for US contact and dual interface payment cards.
This new MicroPass solution was primarily developed for the US Payment
market to foster the success of the payment card migration from
magstripe to EMV chip on 2 major factors: cost and interoperability.
MicroPass has several features:
An optimized operating system (OS) to fit into the smallest possible
silicon area, while delivering the highest security level in the
Three major brands - Discover, Mastercard and VISA - are
pre-installed, in order to simplify the card manufacturers and issuers
inventory: brands are selected at the pre-personalization or the
personalization stage of the card manufacturing
Optimized personalization timing (6 times faster than competition) in
order to speed-up the personalization equipment yield, and decrease
PIN and data sharing in case of multiple applications in the same
card, in order to avoid data loading redundancies during
personalization, while supporting a user friendly experience to the
cardholder (a unique PIN)
MicroPass also implements the EMV chip personalization CPS standard,
which guarantees the compatibility of the product with all
Personalization Service Bureaus using this standard. As immediate
availability is essential for issuers, INSIDE has fully certified its
products and works in advance to integrate the components to deliver the
most reputable personalization system from card manufacturers Datacard
and NBS (News - Alert).
The US EMV compliant MicroPass solution comes with six options. Three
are contact only solutions and three are dual interface payment
solutions (contact and contactless). The selection reflects how both
online and offline transactions require debit, credit and prepaid
applications. INSIDE's MicroPass also comes with a Smart Purse
application to allow loyalty schemes or wallet use along with payment
"MicroPass solution has shown optimal performance in the
pre-personalization and personalization processes, enhancing the
alignment and co-existence of multi-application cards," said Bernard
Vian, executive vice president of the Secure Transactions Business
Division at INSIDE Secure. "MicroPass combines efficiency and
flexibility, to give card issuers one of the best choices for stock
management and operations performance. It is highly competitive and
delivers a strong and secure performance."
The US market is now moving to EMV, which will be fully deployed by
2015, according to American Express (News - Alert), Discover, MasterCard and VISA. The
majority of developed countries have already adopted EMV and the
Micropass product family has been already selected in the Middle East,
Asia and Latin America.
INSIDE's award-winning MicroPass intelligent payment platform has sold
in excess of 300 million units worldwide.
Pricing and Availability
The MicroPass 23xx and 63xx secure microcontrollers are available now.
Contact INSIDE Secure for additional information.
About INSIDE Secure
INSIDE Secure (NYSE Euronext Paris FR0010291245 - INSD.PA) is a leading
designer, developer and supplier of semiconductors, embedded software
and platforms for secure transactions and digital security. INSIDE
mobile NFC, secure payment and digital security products provide
security for a wide range of information processing, storage and
transmission applications. The company's customers are found in a wide
range of markets, including mobile payment, identification documents,
access control, transit, electronic device manufacturing, pay television
and mobile service operators. For more information, visit http://www.insidesecure.com
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