INSIGHTS
Setting up the LEGIC transponder functionality on the contactless Visa payWave credit card does not require an additional chip. The applications are simply stored in a secure LEGIC virtual multi-application transponder on the micro-controller of the credit card. The LEGIC card-in-card solutions offer this possibility. They meet growing market demand for converged access and payment solutions and allow the integration of applications for personal identification into contactless or dual interface smart cards provided by third parties.
Visa payWave Cards Go MulitFunctional with LEGIC All-in-One Card
Date: 2009/03/23
Source: LEGIC
Setting up the LEGIC transponder functionality on the contactless Visa payWave credit card does not require an additional chip. The applications are simply stored in a secure LEGIC virtual multi-application transponder on the micro-controller of the credit card. The LEGIC card-in-card solutions offer this possibility. They meet growing market demand for converged access and payment solutions and allow the integration of applications for personal identification into contactless or dual interface smart cards provided by third parties.
Sandra Alzetta, Senior VP Innovation Visa Europe, said, “Visa payWave is an example of how multi-function smart cards can provide cardholder benefits and this demonstrates Cornèrcard's leadership and commitment to adopt new and innovative technologies for their cardholders.”
Giovanni Bettoni, Manager of Special Projects at Cornèrcard, said, “Our contactless Visa payWave card will allow our customers not only to use the card for payment transactions, but also to extend the use to access applications, which are growing fast in Switzerland and abroad. LEGIC is the solution which perfectly integrates into our payWave cards, offering our cardholders convenience and new services aside the payment process.”
Urs Lampe, VP Product Marketing & New Business of LEGIC, is convinced of the innovative power of the solution for the whole industry, said, “Bringing together the world of payment with the world of physical access and multi-applications bears a lot of potential for card users, issuers and merchants. It makes the world simpler for card holders and creates new opportunities for the use of the cards leveraging contactless multi-applications in leisure and business. This opens a lot of fascinating new schemes and applications. By choosing LEGIC, Cornèrcard has decided to make an important step towards the future and innovative services and lives up to its leading position in terms of the further development of credit card functionalities.”