G+D Mobile Security supports Macau in dealing with the Corona crisis
In order to mitigate the economic impact of the COVID-19 pandemic and to provide financial support to its citizens, the Macao government has issued contactless prepaid payment cards pre-loaded with credit. The cards were produced by G+D Mobile Security.
In a first phase, all citizens of the Special Administrative Region of Macau received prepaid cards with a credit of 3,000 patacas (around 344 euros), which can be redeemed from May to July. In the second phase, the cards will be topped up with another 5,000 Patacas (around 573 euros), which citizens can then spend from August to December. Daily limits are set on the cards and purchases are only possible for a restricted range of items.
The cards were issued on behalf of the government by Macao Pass SA, which commissioned G+D Mobile Security to produce the cards. Due to the numerous restrictions imposed by COVID-19, production was a major challenge - from purchasing the necessary chips to allocating the required production capacity. However, thanks to the close cooperation and great commitment of the two partners, the cards were finally produced on time at G+D Nanchang site.
"G+D has succeeded in even exceeding our expectations in these uncertain times," says David Lao, General Manager of Macau Pass SA. "With their flexibility, effort and pragmatism, G+D employees managed to produce the Macau Pass prepaid cards. In doing so, they are helping to relieve the financial pain the residents are experiencing, at least to a certain degree."
"This project is a great example of how government and industry can master an extreme situation when they work hand in hand," says Xiao Wei, General Manager of G+D China. "We are proud that we were chosen to help at short notice. Now, we look forward to continuing our partnership with Macao Pass and the Macao government to support them in these uncertain and challenging times."
About G+D Mobile Security
G+D Mobile Security is a global mobile security technology company headquartered in Munich, Germany. The company is part of the Giesecke+Devrient group. G+D Mobile Security has a workforce of 5,300 employees and generated sales of EUR 877 m in the 2019 fiscal year. More than 40 sales and partner offices as well as 20+ certified production and personalization sites and data centers ensure customer proximity worldwide.
G+D Mobile Security manages and secures billions of digital identities throughout their entire life cycle. Our products and solutions are used by commercial banks, mobile network operators, car and mobile device manufacturers, business enterprises, transit authorities and health insurances and their customers every day to secure payment, communication and device-to-device interaction. G+D Mobile Security is a technology leader in its markets and holds a strong competitive position.