Just the ticket for speedier banking and bus travelAmsterdam, Nov 21, 2012 - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is providing Standard Bank, one of the leading financial institutions in South Africa, with a multifunction EMV contactless payment card enabling users to pay for transit fares and other goods and services with one digital wallet. Standard Bank customers can now use the new MasterCard® debit card to wave and pay directly at the gates in the public transport stations, without needing to carry cash or a separate travel card. The"Muvo" card initiative will help cardholders gain greater convenience while at the same time provide competitive advantages to Standard Bank and reduce the burden of managing cash on public transportation in the city of Durban.
Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security with 2011 annual revenues of €2 billion and more than 10,000 employees operating out of 74 offices and 14 Research & Development centers, located in 43 countries.
We are at the heart of the rapidly evolving digital society. Billions of people worldwide increasingly want the freedom to communicate, travel, shop, bank, entertain and work – anytime, everywhere – in ways that are enjoyable and safe. Gemalto delivers on their expanding needs for personal mobile services, payment security, authenticated cloud access, identity and privacy protection, eHealthcare and eGovernment efficiency, convenient ticketing and dependable machine-to-machine (M2M) applications.
Gemalto develops secure embedded software and secure products which we design and personalize. Our platforms and services manage these secure products, the confidential data they contain and the trusted end-user services they enable. Our innovations offer more ways for our clients to enhance the convenience and security of people’s digital lives.
Gemalto thrives with the growing number of people using its solutions to interact with the digital and wireless world.
|Peggy Edoire |
Europe, Middle East & Africa
+33 4 42 36 45 40
|Nicole Smith |
+1 512 758 8921
|Ernesto Haikewitsch |
+55 11 5105 9220
|Yvonne Lim |
+65 6317 3730
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