Oberthur launches first MasterCard M/Chip Advance product
21 April, 2011
category: Contactless, Transit
Oberthur Technologies has announced the commercial launch of its Cosmo Fly v4 M/Chip Advance for MasterCard.
Following Oberthur’s announcement of the development of MasterCard M/Chip Advance in December 2010, the Cosmo Fly has been fully certified and is now commercially available for MasterCard issuers. The new product is designed to provide MasterCard issuers with a flexible solution for contact and contactless payments.
In addition to several payment-related enhancements, M/Chip Advance also allows issuers to combine multiple value-added solutions, such as transport ticketing, loyalty and campus programs on a single card.