Visa certifies the Zwipe Pay biometric payment card platform and issues an approval letter to Zwipe

Oslo, Norway, March 24, 2022 /PRNewswire/ — Zwipe, a leading provider of biometric payment card solutions, is proud to announce that it has obtained Visa’s Letter of Approval (LoA) for the Zwipe Pay platform, the Most advanced biometric card available for all smart card manufacturers on the market today. This LoA allows Zwipe customers (smart card manufacturers) to leverage Zwipe’s certification results to obtain Visa certification for their own biometric payment card designs.

Zwipe Pay has passed all the tests required to obtain the Visa Approval Letter. This confirms that the Zwipe Pay biometric payment card platform meets the security and performance standards required by Visa. Zwipe’s complete end-to-end solution is now ready for large-scale production by smart card manufacturers and adoption by issuers. The product is approved for emission anywhere in the world.

Issuers can now leverage Visa’s global network and begin providing biometric payment cards, powered by Zwipe Pay technology.

“Visa’s certification of the Zwipe Pay platform is a historic milestone for Zwipe and our customers. Consumers will benefit from more convenient, safe and secure ways to pay. Issuers will have the opportunity to create differentiation, accelerate the “customer acquisition, retention, and new revenue streams. The way is now open for smart card manufacturers and issuers around the world to certify, produce, and deploy biometric Visa cards based on Zwipe Pay,” noted André Løvestam, CEO of Zwipe.

About Zwipe

Zwipe believes that the inherent uniqueness in every person is the key to a safer future. We work with great passion across networks of international organizations, industries and cultures to make convenience safe and secure. We are pioneers in biometric card technology and next-generation wearable devices for payment, physical and logical access control and identification solutions. We promise our customers and partners deep knowledge and smooth solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norwaywith a global presence.

To learn more, visit www.zwipe.com

For more information, please contact: André Løvestam, CEO, +47 93 43 69 52 [email protected]

This is information that Zwipe AS is required to make public in accordance with the ongoing obligations of companies admitted to trading on Euronext Growth Oslo, Nasdaq First North Growth Market and the EU Market Abuse Regulation. The Certified Advisor on the Nasdaq First North is FNCA Sweden AB, [email protected]+46 (0) 8528 00 399. The information was submitted for publication, via the contact person listed above, at 09:45 CET on March 24, 2022.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/zwipe-as/r/visa-certifies-zwipe-pay-biometric-payment-card-platform-and-issues-letter-of-approval-to-zwipe,c3530709

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SOURCEZwipe AS

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