IDEX Biometrics has received a production order from Beautiful Card Corporation (BCC) after BCC obtained a Letter of Approval (LoA) from Mastercard. The approval enables the global issuance and deployment of BCC’s biometric payment cards built on the IDEX Pay platform.
BCC, a prominent smart card manufacturer producing 121 million payment cards annually, focuses on the manufacturing, personalization, and packaging of payment and multi-application cards. The inclusion of IDEX Pay-based biometric smart cards complements BCC’s eco-sustainable card solutions in Asia and globally.
“We are excited about this approval as we are accelerating our biometric payment and access card focus through our deepened collaboration with IDEX Biometrics, shifting to and scaling IDEX Pay-based biometric cards,” said Shellen Hsu, Global Vice President, Sales and Business Development of BCC. “With our global client portfolio and ecosystem partners, we deliver more seamless and secure customer experiences, meeting the growing demand from consumers.”
This deal follows an announcement a few weeks ago that IDEX reached a significant milestone in the commercialization of its biometric payment card solution, with an unnamed smart card manufacturer in South Asia commencing the production of cards featuring IDEX’s fingerprint-scanning technology.
Catharina Eklof, Chief Commercial Officer of IDEX Biometrics, added, “We are committed to meeting the growing demand for biometric payment cards in Asia, and BCC is an ideal partner with a very strong customer portfolio of banks, corporates, and governments as well as being a trusted partner for many of the world’s leading card manufacturers.”
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June 17, 2024 – by Ali Nassar-Smith
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