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Oberthur Technologies First Smart Card Supplier to Obtain China Union Pay Certification for Shenzhen Manufacturing Center in China
Oberthur Technologies, one of the world's leading smart card vendors, announces the successful completion of CUP (China Union Pay) certification for its Shenzhen manufacturing center in China.
The Oberthur Technologies Shenzhen manufacturing site is already providing several hundred million SIM cards globally for the Telecom industry, and is now supplying magnetic stripe and EMV cards to banking customers in China and throughout the Asia-Pacific region. EMV is the global electronic transaction standard that outlines interaction between chip (smart) cards and merchant terminals to ensure worldwide inter-operability.
Already certified by Visa, MasterCard and Amex as a response to the steady growth of the EMV market in Asia, the Oberthur Technologies Shenzhen production unit is increasing the scope of its operations with this successful certification payment scheme standard.
The completion of CUP certification makes Oberthur Technologies the first major smart card vendor in China to be certified for all 4 schemes for magnetic stripe, contact and dual interface cards.
The benefit of this CUP certification is a major step for Oberthur Technologies in its objective to operate closer to its customers and strengthen its position in this key part of the world.
"The Shenzhen manufacturing site was recently extended to provide state of the art capabilities to address the Asia Pacific banking market and offer a higher level of services to our customers. This certification is an important milestone to strengthen our offer in the region," commented Xavier Drilhon, Managing Director, Card Systems Division of Oberthur Technologies.
About Oberthur Technologies
With sales of 882 million Euros in 2008, Oberthur Technologies is a world leader in the field of secure technologies. Innovation and high quality services ensure Oberthur Technologies' strong positioning in its main target markets:
- Card Systems: One of the world's leading providers of
security and identification based on smart card technology and
associated services for mobile, payment, transport, digital TV and
convergence markets.
- Identity: International player for the manufacture and
personalization of secure identity documents such as passport, identity
card, driving license or health care card - traditional and electronic
and associated services for both governmental and corporate markets.
- Fiduciary printing: World's third largest private security
printer specialized in high security for the production of banknotes,
checks and other fiduciary documents in more than fifty countries.
- Cash protection: World leader in the emerging market of
intelligent systems to secure cash-in-transit and ATM.