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G+D Mobile Security and Crédit Agricole launch pilot project with biometric payment cards

26/06/2019 Munich Giesecke+Devrient

The French banking group Crédit Agricole is testing contactless payment cards with integrated fingerprint readers in a pilot project with 200 customers. The biometric cards in use come from G+D Mobile Security.

The pilot project with payment cards from G+D Mobile Security will be carried out by Crédit Agricole Touraine Poitou from June 2019 and is the first of its kind in France with this technology. It is scheduled for a period of six months, managed by Credit Agricole Payment Services, the market launch of the tested technology is planned for 2020.

G+D's biometric payment cards with integrated fingerprint reader enable Crédit Agricole customers to make quick and easy contactless payments. All one needs to do is place a finger on the impression reader to securely authorize the payment process. As a result, they are no longer subject to the usual limit of 30 Euros for contactless cards.

The cards used in the pilot project will be produced and personalized by the security technology group G+D Mobile Security. They offer the highest level of security, personal data protection and performance. Other partners involved in the project are NXP Semiconductors and Mastercard.

Gabrielle Bugat, Head of Financial Services Solutions at G+D Mobile Security, comments: "The future belongs to payment solutions that are both convenient and secure: Crédit Agricole is ringing in this future now, with our biometric card solution that ensures at all times the protection of the user through Security by Design.”

About G+D Mobile Security

G+D Mobile Security is a global mobile security technology group headquartered in Munich, Germany. The company is part of the Giesecke+Devrient Group. G+D Mobile Security has around 5,300 employees worldwide and generated sales of around 868 million euros in the 2018 financial year. More than 40 sales offices and more than 20 certified production and personalization locations worldwide ensure international customer proximity.

G+D Mobile Security manages and secures billions of digital identities over their entire lifecycle. Our products and solutions are used daily by banks, network operators, manufacturers of mobile devices and automobiles, health insurance companies, private and public transport companies and their customers to secure mobile payment, communication and interaction between devices. G+D Mobile Security holds a leading competitive and technological position in these markets.

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