IRVINE, Calif., November 6, 2008 – HID Global, the trusted leader in providing solutions for the delivery of secure identity, today announced that it has established an agreement with INSIDE Contactless, a leading provider of advanced open-standard contactless chip technologies, to manufacture contactless prelaminates for INSIDE Contactless based upon the MicroPass® intelligent payment platform..
“The expansion of our partnership directly reflects the fundamental changes that are taking place in the contactless market,” said Denis Hébert, president and CEO of HID Global. “As issuers seek to provide their customers with convenient, yet more secure platforms for cashless payment cards, it was only natural that both INSIDE and HID should partner to fulfill that existing need.”
By extending their partnership, INSIDE Contactless will be able to provide card manufacturers with access to the MicroPass contactless payment platform coupled with contactless antenna technology in prelaminate packages from HID Global, further enabling card issuers to deliver an exceptional cardholder experience within this emerging market.
Experiencing more than 40 percent growth annually, the North American contactless payment market has witnessed exponential growth driven by consumer demand for faster, easier and more convenient methods of payment. Additionally, card issuers have adopted contactless technology in an effort to add greater value for the consumer and increase revenues by replacing cash at the point of sale.
HID Global’s solutions for contactless payment, eGovernment and e-Documents, as well as its full portfolio of converged products for cashless payment, transit, access control, identification and logical access will be on display in the HID Global stand (#3H002) at CARTES & IDentification 2008 in Paris, France, from November 4 – 6. CARTES attendees are invited to visit the booth to encounter a “World of New Possibilities” enabled by HID technology.
About INSIDE Contactless
INSIDE Contactless is the global leader in open-standard contactless payment and Near Field Communication (NFC) semiconductors and software that power the next generation of payment, transit, identity and access control applications. The company’s intelligent, microprocessor-based platforms offer the flexibility to be embedded in smart cards, mobile phones and other consumer electronic devices, documents, badges and other items to support a wide range of innovative contactless applications and bring new levels of convenience to users. INSIDE has delivered more than 250 million contactless platforms worldwide to customers and partners that include many of the leading payment card and mobile phone manufacturers, systems integrators, and financial institutions. With a portfolio of 55 families of patents, including several essential NFC patents, the company has played a leading role in NFC and contactless innovation. INSIDE is headquartered in Aix-en-Provence, France, with offices in Shanghai, Singapore, Warsaw, Seoul, and Silicon Valley. For more information, please visit www.insidecontactless.com.
About HID Global
HID Global is the trusted, worldwide leader in providing solutions for the delivery of Secure Identity. The company is focused on creating customer value with product, service and know-how solutions for access and identification-related applications. Headquartered in Irvine, California, HID Global has over 2,000 employees worldwide supporting customers in more than 100 countries. HID Global is an ASSA ABLOY Group brand.
® HID and the HID logo are trademarks or registered trademarks of HID Global in the U.S. and/or other countries. All other trademarks, service marks, and product or service names are trademarks or registered trademarks of their respective owners.